Writ Of Mandamus | Real Estate Glossary

Definition of "Writ of mandamus"

Court order stopping or directing a judicial directive.

Property boundary demarcated by the curb. ...

Rate applied to risks with similar characteristics or to a specified class of risk. ...

Removal of a tenant from a portion of a rented or leased premise. ...

Action (s) that the insured must take, or continue to take, for the insurance policy to remain in fo ...

Average earned monthly income of the insured wage earner after regular earned income has been interr ...

Value of a foregone opportunity, one rejected in favor of a presumably better opportunity. For examp ...

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

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

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which ...

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate be ...

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