Terms & Definitions C-3
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| show | Action by the landlord, that makes it impossible to remain and therefore effectively terminates the tenancy (as opposed to actual eviction).
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| show | A mortgage designed to finance the building of a new house or other building.
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| show | A legally enforceable agreement between competent parties to perform a certain act for consideration.
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| show | See 'Installment Contract'.
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| show | The appraisal principle, that deals with the amount of increase in value to a piece of property, caused by improvements to the property (may be more or less than cost of the improvement).
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| show | A mortgage that is not insured (F H A loan) or guaranteed (V A loan) by the federal government. Includes loans backed by Private Mortgage Companies (P M I).
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| Cooperative Ownership | show 🗑
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| show | Interest in property, that is tangible such as buildings or trees as opposed to intangible such as an easement or lease.
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| show | Method of real estate appraisal, that estimates value by calculating replacement or reproduction cost.
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| show | The one receiving an offer (Offeree) responds by offering a new set of terms as a new offer. The original Offeree then becomes the new offeror.
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| show | Promises made by the grantor in a warranty deed, that the property is free of all encumbrances not stated in the deed.
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| Covenant of Further Assurance | show 🗑
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| Covenant of Quiet Enjoyment | show 🗑
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| show | Promises made by the grantor in a warranty deed, that they have the right to convey title.
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| show | Promises made by the grantor in a warranty deed, that they are in possession and hold title.
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| show | Promises made by the grantor in a warranty deed, that they will defend against any claim against the title by a third party.
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| Cul-de-sac | show 🗑
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| show | The right of the husband to share of his wife's estate at the time of her death. (In Mass, curtesy rights are one-third of the wife’s estate at the time of her death).
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| Customer | show 🗑
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