Public Domain
Definition of "Public domain"
- Right to an item belongs to the public at large so anyone can use it. An example is a real estate software program that is publicly available by an electronic bulletin board service.
- Land owned by the federal ,state, or county government that the public may use. This is distinguished from property owned privately by individuals and business.
Popular Real Estate Terms
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Street having access only at one end and terminating with a circular turnaround area. The circular area permits automobiles to exit the street without having to use a home's driveway to ...
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Structure of prefabricated units. ...
Contract that intends to convey property form one individual to another but is defective in one respect. ...
Method of selling and obtains possession, but the seller retains the title. ...
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Interest rate on a mortgage that moves up or down based on some variable such as an index of lender's cost of funds, inflation rate, or prime rate. ...
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