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Estate - The degree, quantity, nature and extent of interest which a person has in real property. Estate in Reversion - The residue of an estate left for the grantor, to commence in possession after the termination of some particular estate granted by the grantor.
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Black’s Guide’s Glossary of Real Estate Terms provides a complete reference dictionary of terms and phrases used in the commercial real estate industry. These definitions have been endorsed by numerous industry organizations as the Market Standard for their respective regions.
Nov 13, 2023 · Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients.
So when you embark on your journey, one of your first stops should be familiarizing yourself with the lingo. We’ve curated helpful information from our Homebuyers’ Road Map and Tips for Buyers, to share with you some of the most important terminology a new buyer needs to know—from pre-purchase to post-purchase.
Jan 24, 2020 · Real estate business -- Dictionaries, Real property -- Dictionaries Publisher Hauppauge, NY : Barron's Collection internetarchivebooks; printdisabled Contributor Internet Archive Language English Item Size 1,012.0M
With thorough and accurate definitions for over 2,800 real estate terms, this text provides beginning students with an introduction to the field and allows seasoned professionals to explore difficult topics in depth.
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Assessment - e imposition of a tax, charge or levy, usually according to established rates. (In Dane County, real estate taxes are based on the Municipality’s assessment or nancial value assigned to a home and land. Ask us for the current tax rates in the areas you are looking).