- Industry: Real estate
- Number of terms: 2794
- Number of blossaries: 0
- Company Profile:
Coldwell Banker is a large real estate franchise founded in 1906 in San Francisco. Coldwell Banker has an international presence, with offices on six continents, 46 countries and territories. There are more than 600 Coldwell Banker offices outside of the United States.
The use of land for purposes contrary to the applicable municipal zoning specifications. Often occurs when zoning changes after a property is in use.
Industry:Real estate
The portion of the down payment delivered to the seller or escrow agent by the purchaser with a written offer as evidence of good faith.
Industry:Real estate
The official process by which a property is deemed to be uninhabitable or unusable due to internal damage or other external conditions.
Industry:Real estate
Any asset which can not be quickly converted into cash at little or no cost.
Industry:Real estate
A cash deposit made to a home seller to secure an offer to buy the property. This amount is often forfeited if the buyer decides to withdraw his offer.
Industry:Real estate
A written document in which the purchaser agrees to buy a certain real estate and the seller agrees to sell under stated terms and conditions. May also be called a sales contract, earnest money contract, or agreement for sales.
Industry:Real estate
The transition of water vapor to liquid. Typically forms in areas of high humidity.
Industry:Real estate
A finance term. A mortgage or deed of trust securing a note without recourse allows the lender to look only to the security (property) for repayment in the event of default, and not personally to the borrower. A loan not allowing for a deficiency judgment. The lender’s only recourse in the event of default is the security (property) and the borrower is not personally liable.
Industry:Real estate
The right of a non-owner of property to exert control over a portion or all of the property. For example, power companies often own an easement over residential properties for access to their power lines.
Industry:Real estate
