Steep Land
Land located on a precipice.
Popular Real Estate Terms
Property having an easement right through another adjoining property. The property through which the easement passes is considered to have the servant tenement. ...
The right to drain water through anothers property through a ditch, pipe, or trench. See also drainage right of way. ...
Evaluation of the dimensions of a building to determine its ability to meet the needs of the occupants. ...
Generally, a turnaround means a performance improvement. The term applies to various economic fields and real estate too. What does turnaround mean? After a prolonged recession, a ...
Right to enter and start construction or furnishing property that is in the process of being purchased. ...
Same as term insured loan: A loan indemnified against default by the borrower. Such loans may be a mortgage loan insured by a standard mortgage insurance policy or by FHA mortgage ...
Services provide to a parcel of land public utility companies, such as gas, water, electricity. ...
The Exclusive Agency Listing is regularly confused with the Exclusive Right to Sell Listing, but they are not the same. True: on both Listings, only 1 Broker or Agent has the right to sell ...
A mortgage where the payments are overdue and open to a foreclosure action at any time. A mortgage not having a prepayment clause permitting the mortgagor to repay the mortgage at any ...
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