Valid Contract | Real Estate Glossary

Definition of "Valid contract"

Nita Rodriguez

Re/Max Professionals

One that is legally binding because it is in conformity with legal requirements and conditions.

Premium paid by an insured business to an insurance company from which the company subtracts charges ...

A lease contract to possess a parcel or property for a certain period of time. A leased fee estate i ...

Latin abbreviation for the literal translation meaning" which see". ...

Coverage on real property written to have no time limit. A single deposit premium pays for insurance ...

Frequency of premium payment; for example annually, semiannually, quarterly, or monthly. ...

System of classifying face amount of policies according to size within a given range. The premium ra ...

Flood insurance is insurance that compensates for the physical property damage resulting from rising ...

If you own a pet, i\'m sure you\'ve been in a situation where the vet bills have been much higher th ...

An agent hired by buyers to help them find and negotiate the purchase of a home. This agent works fo ...

A Ginnie Mae is a name for the Government National Mortgage Association (GNMA), which is a governmen ...

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

A REALTOR® is an agent or agency that belongs to the local or state board of REALTORS® and is affi ...

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