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15 Cards in this Set

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  • Back
ABNORMAL SALE
an appraisal term referring to a sale of real property that is unusaual for its particular marketplace.
ACRE FOOT
43,560 cubic feet
ABSENTEE OWNER
a property owner who doesnot live on the propertyand may rely on a property manager.
ZONING VARIANCE
allows a property to be different nature than that specified in th ordinance.
ABSORPTION RATE
an appraisal method of calculating land value.all improvement costs minus the sales price.
ZONING
the regulation of land use, lot size, types of structures, building heights.
ABSORPTION BED
a shallow trench containing a pipe that carries effluent away from the septic tank into an open area, where it is absorbed into the soil.
YEAR TO YEAR TENANCY
periodic tenancy.
ABSTRACT OF TITLE
a historical summary of a piece of land.
YIELD
The return on investment.
ACCELERATION CLAUSE
a clause in a loan document describing certain events that would cause the entire loan to be due.
WRIT OF POSSESSION
a document that is executed at an eviction hearing that authorizis the sheriff's office to evict the tenant.
ACCEPTANCE
an unqualified agreement to the terms of an offer.
ASSESSION
additional property through the efforts of man such as improvements or by natural forces such as alluvial deposits.
WRAP-AROUND TRUST DEED
a method of financing in which a new junior loan is created that includes both the unpaid principal balance of the first loan and whatever new sums are loaned by the lender.