Notice sent from a plaintiff to a defendant requiring the defendant to appear before a court or judge. For example, a landlord might send a summons to a tenant regarding a notice of eviction due to nonpayment of rent. The tenant must then appear in court to defend the landlord's eviction request.
Popular Real Estate Terms
Any financing agreement excluding a conventional mortgage from a third-person or entity lending institution. This type of financing is more prevalent when the price of real estate is too ...
Tendency to go to the party or situation of the lowest level of opposition. ...
The concept of a release can define various meanings in the financial and real estate business. Typically, it establishes a discharge or literal escape from a loan borrower's economic ...
The appellant definition references a concept related to legal proceedings. The appellant is the individual who is dissatisfied with the judgment in a lawsuit and asks for a superior court ...
Cash flow before subtracting income taxes. ...
Offer to buy real estate provided certain conditions are met. ...
Local zoning law or private limitation on how far in feet a structure might be situated from the curb or other appropriate marker. ...
The term’s balance sheet definition can be described as a financial statement that a company uses to report its liabilities, assets, and shareholders’ equity at a given time. A ...
Governmental body that reviews property tax assessment procedures. ...
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