Summary Proceeding
Way to obtain a faster decision in a legal case than going to a trial. Procedural rules are followed so there is less time involved in gathering the effects of the dispute and in questioning. Many landlord- tenant contracts provide for the controversy to be settled through the summary proceeding instead of the court trial.
Popular Real Estate Terms
Measure of land representing one square mile. A section equals 640 acres. ...
Is a wholly owned government corporation administered by the Department of Housing and Urban Development. It does not by mortgages; it issues pass-through securities in which interest and ...
Timber wood situated on the exteriors of a loading deck to safeguard it from damage resulting when trucks unload and load. ...
Limited partnership in which limited partners rely on the general partner to choose specific properties after the funds are available. ...
A detailed list of property. The goods of a business, such as houses by a builder. ...
List of business property. ...
Descriptive of a property boundary that follows the course of a river or estuary. For example, a land description may say its boundary follows "the meander of the river" meaning the ...
Interest rate on an adjustable rate mortgage based on the total of the current value of an index and margin applicable to the mortgage. The rate is the basis for the computation of monthly ...
Listing Agreement A.K.A. Listing is basically a contract allowing a real estate agent or broker to list a home for sale and act as the home seller agent representing his/her interests ...

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