Reservation
Definition of "Reservation"
- Not sure about something such as suspecting the truthfulness of statements made by a real estate agent.
- Stipulation in a deed giving the grantor some retained privilege or right in the property.
- Appointment such as meeting a real estate broker at a specific location and time to see houses for sale.
Popular Real Estate Terms
Government official who values real estate property for tax purposes and ascertains the annual property tax assessments that must be collected. ...
Methods of materials used in designing and fabricating a building. ...
Unable to move a structure so it must stay where it is. Except for mobile homes, property is fixed at a particular site. Inability of a person to move because he or she is attached in ...
A reciprocal transfer of property from one entity to another. A market for securities of a real estate companies, such as the New York Stock Exchange (NYSE) ...
A person who dies without a will and having unknown intentions regarding his estate. In such case, a court administrator is typically appointed to act as an executor in distributing any ...
Post-like components of wood that comprise a building frame. For example, a building code in a locality might require that studs measuring two-up-six be used for the exterior part of the ...
Water/plaster mix used as a surface for walls and ceilings. ...
A situation that occurs when borrowed funds cost more than they produce. ...
A decrease in spending dollars because of a decrease in the money supply. Less funds available to prospective home buyers by lenders. Attractive mortgages are difficult to get. ...
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