Definition of "Referral"
Recommending the use of another person or business. An example is an attorney referring a client to a CPA to handle tax planning for real estate transactions.
Popular Real Estate Terms
Some plausible, but not completely clear-cut indication of ownership rights. It supplements a claim to title to property, but does not actually establish it. ...
Right of an individual to be offered something before it is offered to others. For example, a tenant whose apartment is going to be converted to a cooperative has the first right of ...
Monies paid to use property, such as the use of natural resource extractions. The royalty payment is typically based upon some percentage of the income or fee for substances generated from ...
Markets for long-term bonds and equity securities of real estate companies. ...
Wondering what “de facto” means? Well, because it’s a Latin word, let’s give a formal definition. De facto is Latin for indeed, in fact, in reality, actually. An ...
Doing business as, or DBA, means an official moniker for your enterprise or company. Regularly, a DBA is a state certificate serving as a registration name and issued under a ...
Any abuse, disobedience, lawbreaking, transgression, or wrongdoing. It may result in punishment or litigation. ...
Claim made by a federal or local government agency against a taxpayer's property for delinquent or overdue taxes. The tax lien is effected through tax assessment, demand, and failure to ...
Real estate artificial intelligence refers to the application of artificial intelligence technologies and algorithms in the field of real estate. It involves using advanced computational ...
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