- 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.
The lender or their successor in interest for whose benefit a trust is created and to whom the debt is owed.
Industry:Real estate
An improvement that increases property value as distinguished from repairs or replacements that simply maintain value.
Industry:Real estate
A mortgage that requires payments to reduce the debt every two weeks (instead of the standard monthly payments schedule). The 26 (or possibly 27) biweekly payments are each equal to one half of the monthly payment that would be required if the loan were a standard 30-year fixed-rate mortgage, and they are usually drafted from the borrower's bank account. The result for the borrower is a substantial savings in interest.
Industry:Real estate
A single policy that covers more than one piece of property (or more than one person).
Industry:Real estate
An advertisement that does not include the name, phone number, or address of the person placing the ad.
Industry:Real estate
An insurance agreement by which one party is insured against loss or default by a third party. In the construction business a performance bond ensures the interested party that the contractor will complete the project.
Industry:Real estate
Violation of any of the terms or conditions of a contract without legal excuse; default, non-performance, such as failure to make payment when due.
Industry:Real estate
The aspect of the real estate business that is concerned with bringing together the parties and completing a real estate transaction.
Industry:Real estate
A detailed plan of income and expenses expected over a certain period time. A budget can provide guidelines for managing future investments and expenses.
Industry:Real estate
A written governmental permission for the construction of a new building or other improvement, the demolition or substantial repair of an existing structure, or the instalment of factory-built housing.
Industry:Real estate
