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15 Cards in this Set
- Front
- Back
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ANNUAL PRECENTAGE RATE
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TOTAL FINANCE CHARGE TO BE IMPOSED ON THE TOTAL AMOUNT OF LOAN-DISCLOSURE IS REFQUIRED BY FEDERAL TRUTH IN LENDING ACT
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ANTITRUST LAWS
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LAWS THAT ARE DESIGNED TO PRESERVE FREE INTERPRISE AND MAINTAIN BUSINESS COMPETITION-VIOLATIONS INCLUDE PRICE FIXING OR BROKERS AGREEING TO LIMIT AREAS OF TRADE
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APPRISAL
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THE PROCESS WHERBY AS ESTIMATE IS MADE OF THE VALUE OF A PROPERTY-REQUIRED WHEN FINANCING, SELLING, TAXING, AND INSURING PROPERTY OR WHEN PROPERTY IS TAKEN FOR CONDEMATION
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APPRAISER
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A PERSON WHO PROVIDES AN OPINION OF VALUE FOR A FEE
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APPRECIATION
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INCREASE IN THE VALUE OR WORTH OF A PROPERTY DUE TO ECONOMIC CAUSES-OPPOSITE OF DEPRECIATION
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APPURTENANCE
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SOMETHING THAT IS NOT ACTUALLY PART OF A PROPERTY BUT IS INSEPARABLE ADJUCT ADDING VALUE-INCLUDE BENIFITS AS EASEMENTS AND RIGHT OF WAY
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ASSEMBLAGE
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THE JOINING OF SEVERAL SMALL ADJOINING LOTS INTO ONE LARGE TRACT TO INCREASE MARKET VLAUE
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ASSESSED VALUATION
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THE VALUE OF A PARCEL OF REAL ESTATE ESTABLISHED AS BASIS FOR COMPUTING REAL ESTATE TAXES
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ASSESSMENT RATIO
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RATIO OF ASSESED VLAUE TO TRUE VALUE-ASSESED VALUE IS OFTEN LOWER
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ASSIGNMENT
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THE TRANSFER OF ANY INTERSET OF ONE PERSON(ASSIGNOR)TO ANOTHER PERSON(ASSIGNEE)MORTGAGES, BONDS, LEASES, SALES CONTRACT, AND OPTIONS ARE EXAMPLES OF INTRUMENTS THAT CAN BE ASSIGNED
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ASSUMPTION OF MORTGAGES
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ACT OF ACQUIRING TITLE TO A PROPERTY THAT HAS EXISTING MORTGAGE AND AGREEING TO ABIDE AND BE LIABLE FOR ALL PAYMENTS ANT TERMS OF EXISTING MORTGAGE
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ATTACHMENT
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THE PROCESS OF TALKING PROPERTY BY JUDICIAL ORDER AND HOLDING IT AS A SECURITY FOR A SATISFACTION OF A DEBT
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ATTEST
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TO WITNESS AND TO GUARANTEE SAID WITNESSING BY SIGNATURE
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AUTHORIZATION TO SELL
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A LISTING CONTRACT IN WHICH THE SELLER RETAINS AN AGENT TO ACQUIRE A BUYER FOR HIS PROPERTY
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AXIAL THEORY
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A THEORY OF CITY GROWTH PATTERNS THAT PROPOSES THAT GROWTH OCCURS OUTWARD FROM THE CENTRAL BUSINESS DISTRICT ALONG MAIN ROADS OF TRANSPORATION
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