Price Appreciation
Increase in the value of real or personal property. The price may increase because of a number of factors, such as shortage in supply, improved economy , favorable political environment, tax incentives, increased profitability. An example is the increase in the price of real estate.
Popular Real Estate Terms
Tax imposed by some state and local governments to record into the public record property deeds and mortgages. ...
Increasing prices during a slowdown in economic activity. ...
The first thing we have to understand about the voidable contract definition is that it is not the same thing as a void contract. A voidable contract can become a void contract if a court ...
Latin abbreviation for the literal translation meaning" which see". ...
Administrator of estate is a term used in common-law jurisdiction for a person assigned a particular responsibility. The administrator of estate definition describes a court-appointed ...
Recognizes profit on a long-term construction contract as it is earned gradually during the construction period. This approach is preferred over the completed contract method because it ...
Figure or value which is the starting point in computing gain or loss, depreciation, depletion, and amortization. ...
A lien which is secondary to a senior lien and cannot be paid until the senior lien is satisfied. ...
Assets owned by an individual as part of his or her estate except for land and everything attached to the land. Personal property may be either tangible, having physical substance such as ...
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