Right Of Entry
Definition of "Right of entry"
Right to enter and start construction or furnishing property that is in the process of being purchased.
Popular Real Estate Terms
Property that is similar in characteristic and when exchanged is a nontaxable transaction. Any property that is not like-king, such as cash (boot), is taxed. As a result, a gain is not ...
(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 ...
Also called accounting or unadjusted rate of return. The return computed by dividing the anticipated future annual net income by the required investment in real estate. Sometimes the ...
Listing of real estate property done without any effort an the part of the real estate broker. An example is when a homeowner calls the real estate brokerage firm on his own without having ...
Detailed financial accounting of all the credits and debits for the buyer and seller upon consummation of a real estate sale. ...
There’s no mystery. The actual age of a property is the chronological age of a property. Say a house was built two decades ago. That house’s actual age is 20 years old.The ...
Loan mandating equal periodic payments to pay off the loan subsequent to the last payment. ...
Valuation method for land or improvements to property. It takes into account gross rentals less operating expenses. ...
Provisions of credit that apply when a loan is paid. ...
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