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Popular Real Estate Glossary Terms
Potential customer or client in which there is a realistic chance of making the sale for the product or service. An example is a prospective purchaser of real estate that the real estate ...
Peculiarities necessary to form a valid joint tenancy. They are unity of time, title, interest, and possession. ...
Long, wide piece of lumber having a minimum width of 8 inches with a minimum thickness of 1 inch for hardwood and 2 to 4 inches for softwood. ...
Phrase describing a form of joint tenancy ownership where property passes to the survivors when one party dies. ...
A decrease in spending dollars because of a decrease in the money supply. Less funds available to prospective home buyers by lenders. Attractive mortgages are difficult to get. ...