Reproduction Cost
Definition of "Reproduction cost"
Current cost to replace property with an identical property after allowing for the depreciated value of the property.
Popular Real Estate Terms
Voluntary giving up of a right of a lien, usually on a temporary basis. The waiver may be explicitly stated or implied. An example is when a lender waives its right of lien against ...
(1) Licensed broker employed to represent and match both buyers and sellers. Usually employs several real estate agents in an office. (2) Commission or fee charged to sell real estate or ...
Levied on those benefiting from the installation of a sewer. ...
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The minimum age required for legal competency ( in most states 18 years). ...
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Metal or wood channel attached immediately below or along the eaves of a building for the purpose of channeling rainwater away from the structure. The gutter prevents rain runoff from ...
Laws enacted by every state governing the activities and requirements of real estate salespeople and brokers. Upon satisfying the necessary age and residency requirements and satisfactorily ...
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