Definition of "Pro tanto"

Tom  Rapisarda Team real estate agent

Written by

Tom Rapisarda Teamelite badge icon

Rapisarda Real Estate

Partial fulfillment. Pro tanto is normally used in relation to the partial satisfaction of a claim. For example, a pro tanto settlement in an eminent domain action will not prejudice any future claims by a property owner claiming a financial settlement was inadequate.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

(1) Type of loan where the final payment is substantially greater than the previous payments; also termed partially amortized loan. A debt agreement might stipulate a balloon payment when ...

Appraisal of a location before the purchase is made of it for potential environmental problems. ...

Highly subjective term, usually an expression of monetary worth applied to a particular piece of real estate property. ...

Methods of materials used in designing and fabricating a building. ...

Legal action of a landlord to remove a tenant.The tenant may have violated the lease agreement such as for the tenant's failure to pay the rent. ...

Small, early twentieth century, one-story house or cottage. ...

Restraining a person or business from denying an appropriate conveyance of property evidenced by a deed has given. ...

Also called settlor. A trust created by a will starting upon the donor's death. It empowers a trust administrator to implement the terms of the trust. ...

An interim or provisional court decree, which is not final and can be reversed or amended, normally issued to direct additional proceedings prior to issuing a final decree. For example, an ...

Popular Real Estate Questions