- 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 legal process whereby a government can take ownership of a piece of property in order to convert it to public use. Often, the property owner is paid fair-market value for the property.
Industry:Real estate
An index used to adjust the interest rate of an adjustable mortgage loan (e.g., the change in U.S. Treasury securities (T-Bills) with 1-year maturity. The weekly average yield on said securities, adjusted to a constant maturity of 1 year, which is the result of weekly sales, may be obtained weekly from the Federal Reserve Statistical Release H.15 (519). This change in interest rates is the "index" for the change in a specific Adjustable Mortgage Loan).
Industry:Real estate
A building or other improvement on one property which invades another property or restricts its usage.
Industry:Real estate
A guarantee from a lender of a specific interest rate for a period of time.
Industry:Real estate
Anything that affects or limits the ownership of real property, such as mortgages, liens, easements, or restrictions of any kind.
Industry:Real estate
The agreement of both the buyer and seller to the terms offered in the real estate contract.
Industry:Real estate
An efficiency rating system for air conditioning units that corresponds to the number of BTU's output per watt of electricity used.
Industry:Real estate
Report generated by an architect or engineer describing the current physical condition of the property and its major building systems, i.e., HVAC, parking lot, roof, etc. The report also determines an amount for calculating replacement reserves, if needed.
Industry:Real estate
A piece of land and any improvements or fixtures located on that land.
Industry:Real estate
