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9 Cards in this Set
- Front
- Back
IMPLIED CONTRACT
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AN AGREEMENTCREATED BY THE "ACTIONS" OF THE PARTIES NEITHER IN WORDS NOR WRITING
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IMPROVMENTS
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ANY STRUCTURE ERECTED ON A PARCEL OF LAND ENHANCING ITS VALUE KNOWN AS IMPROVEMENTS TO LAND-ALSO CONSISTS OF IMPROVMENTS TO STREETS, SEWER,CURBING, AND SIDEWALKS
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INCOME APPROACH
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AN APPROACH TO THE VALUATION OF REAL PROPERTY THAT UTILIZES THE AMOUNT OF NET INCOME THE PROPERTY WILL PRODUCE OVER ITS REMANING ECONOMIC LIFE
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INCORPOREAL RIGHTS
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NONPOSSESSORY RIGHTS IN REAL ESTATE, SUCH AS EASEMENTS
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INDEPENDENT CONTRACTOR
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ONE WHO IS RETAINED TO PERFORM A SPECIFIC BUT IS SUBJECT TO A LIMITED AMOUNT OF CONTROL IN THE PERFORMANCE OF SUCH ACT-RECIEVES NO EMPLOYEE BENIFITS AND PAYS ALL HIS SOCIAL SECURITY AND INCOME TAXES
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INSTALLMENT CONTRACT
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AGREEMENT BETWEEN SELLER AND BUYER FOR PURCHASE OF A PARCEL OF REAL ESTATE WHERBY THE BUYER MAKES PAYMENTS TO THE SELLER AND GAINS TITLE ONLY AFTER DEBT HAS BEEN SATISFIED
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INTEREST
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A SUM PAID OR ACCRUED IN EXCHANGE FOR USE OF ANOTHERS MONEY
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INTERIM FINANCING
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SHORT TERM OR CONSTRUCTION LOAN THAT IS MADE DURING BUILDING PHASES OR PROPERTY
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INTESTATE
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DIE WITHOUT A WILL
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