- Industria: Real estate
- Number of terms: 9847
- Number of blossaries: 0
- Company Profile:
Century 21 Real Estate LLC is a real estate agent franchise company founded in 1971. The Century 21 System consists of over 7,800 independently owned and operated offices. Century 21 has offices in all 50 states and in more than 67 countries and territories.
Situation in which demand for homes exceeds the supply offered for sale.
Industry:Real estate
A mortgage in which a borrower receives a below-market interest rate in return for which the lender or investor, receives a portion of the future appreciation in the value of the property. May also apply to mortgage where the borrowers share the monthly principal and interest payments with another party in exchange for part of the appreciation.
Industry:Real estate
A special tax imposed on property, individual lots or all property in the immediate area, for road construction, sidewalks, sewers, street lights, etc.
Industry:Real estate
A specific inspection of the property for damage due to termite infestation.
Industry:Real estate
A sewage system, whereby waste is drained through pipes and a tile field into a septic tank.
Industry:Real estate
A stranger to the principal-agent contract; the party with whom an agent interacts on behalf of his principal.
Industry:Real estate
Regulates the distance from the lot line to the point where improvements may be constructed.
Industry:Real estate
Legal phrase in a contract, requiring punctual performance of all obligations.
Industry:Real estate
A list giving a complete breakdown of costs involved in a real estate transaction, prepared by the lender's agent at closing.
Industry:Real estate
A modern approach to communal ownership and use of real estate which permits multiple purchasers to buy undivided interests in real property (which is usually in a resort condominium or hotel) with a right to use the facility for a fixed or variable time period.
Industry:Real estate
