Undersupply
Definition of "Undersupply"
Lack of supply of real property. When demand exceeds supply, price of the property goes up. For example, if there are only a few homes in a town that everyone desires to reside in, the prices of those homes will increase.
Popular Real Estate Terms
The restitution of a property insurance policy that has lapsed due to nonpayment of premiums. ...
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A free-standing building having four dwelling units under one roof. Normally a quadriplex is a two-story complex with one dwelling unit located on top of and adjacent to another. Other ...
Bottom of a frame such as a window sill. ...
Borrower who gives property as collateral for a loan. ...
Specific portion of a larger land tract. A parcel can also be a lot in a property subdivision. ...
Founded in 1934 and located in Garden, CA with 1993 membership of 9,000, the IRWA is a professional association of appraisers, property managers, title examiners, and others having interest ...
Contractual provision requiring apportionment. ...
The endorser stipulates something such as that the transferee cannot use the funds for six months. ...
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