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Adverse Possession

May 18, 2014 10:08 pm Published by Comments Off on Adverse Possession

A way by which title to a property is obtained by open, continuous, nonconsensual use of the property over a... View Article

Agent

May 18, 2014 10:07 pm Published by Comments Off on Agent

One who is authorized to act for another, but this authorization in real estate rarely includes the right to bind... View Article

Amortization

May 18, 2014 10:08 pm Published by Comments Off on Amortization

The repayment of debt plus interest through regular equal periodic payments over a designated period of time.

Annual Debt Service (ADS)

May 18, 2014 10:09 pm Published by Comments Off on Annual Debt Service (ADS)

The total amount of principal and interest to be paid each year to satisfy the obligations of a loan contract.

Annual Percentage Rate (APR)

May 18, 2014 10:09 pm Published by Comments Off on Annual Percentage Rate (APR)

The true actual yearly cost of borrowing money.  It factors any fees and additional costs (such as discount points, origination... View Article

Annuity

May 18, 2014 10:10 pm Published by Comments Off on Annuity

Regular fixed payments or receipts over a designated period of time.

Appraisal

May 18, 2014 10:12 pm Published by Comments Off on Appraisal

An opinion of value typically derived by using a combination of three valuation methods:  the cost approach (replacement cost), the... View Article

Appreciation

May 18, 2014 10:12 pm Published by Comments Off on Appreciation

An investment’s increase in value.

As-is Condition

May 18, 2014 10:13 pm Published by Comments Off on As-is Condition

The offering of a premises by the landlord in its existing condition, including all wear and tear and any physical... View Article

Assessed Value

May 18, 2014 10:13 pm Published by Comments Off on Assessed Value

The value of real property established by the tax assessor for the purpose of levying real estate taxes.