- Industry: 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.
A general or specific right of ingress and egress to a particular property.
Industry:Real estate
Something added. Items added to a document, letter, contract, escrow instructions, etc.
Industry:Real estate
A type of mortgage where the interest rate varies based on a particular index, normally the prime lending rate.
Industry:Real estate
A person appointed by a probate court to administer the estate of a person who died intestate.
Industry:Real estate
A relationship created when one person, the principal, delegates to another, the agent, the right to act on his/her behalf in business transactions and to excuse some degree of disaction while so acting.
Industry:Real estate
One who is authorized to represent and to act on behalf of another person (called the principal). A real estate broker is the agent of his client, be it the seller or buyer, to whom he owes a fiduciary obligation. A salesman is the agent of his broker and does not have a direct personal contractual relationship with either the seller or buyer.
Industry:Real estate
An agreement between the seller and buyer for the purchase of real estate property.
Industry:Real estate
Any feature of a property that increases its value or desirability. These might include natural amenities such as location or proximity to mountains, or man-made amenities like swimming pools, parks or other recreation.
Industry:Real estate
The reduction of a debt over time by making periodic payments, usually monthly, a portion of which is interest and a portion of which reduces the outstanding amount of the debt. The monthly mortgage payments remain the same over the life of the loan, even though the proportion of principal to interest changes over time. In the early part of the loan period the principal repayment is very small and interest repayment is very high. At the end of the loan that relationship is reversed.
Industry:Real estate
