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The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject. You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate.
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
Affirming a disjunct is a fallacy. The formal fallacy of affirming a disjunct also known as the fallacy of the alternative disjunct or a false exclusionary disjunct occurs when a deductive argument takes the following logical form: [1] A or B A Therefore, not B. Or in logical operators:
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
The language of real estate contracts is typically written to protect buyers. And in many cases, a home seller who reneges on a purchase contract can be sued for breach of contract. A judge could ...
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
REIT – Real Estate Investment Trust; RFI – Request for information; RFP – Request for Proposal; RFQ – Request for Quotation; RFX – Generic name for a Request for Information, Proposal or Quotation; RMD – Required Minimum Distribution; R/O – Rollover; ROA – Return on assets; ROB – Return on brand; ROC – Registration Of Company
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.