Real Estate Terminology 2

Descrição

Real Estate Terminology 2 for California
Melody Pke
FlashCards por Melody Pke, atualizado more than 1 year ago
Melody Pke
Criado por Melody Pke quase 10 anos atrás
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Resumo de Recurso

Questão Responda
Words Definishion
REALTOR Current of the National Association of Realtors
turnover Number of times the inventory is sold per year
Appurtenant Anything that by right, is used by the land for its benefit and "goes with the land
Riparian Rights owner has personal rights to use such waters in a "resonable manner
Right of appropriation right given to the state to give permission to a nonriparian owner to take water from a river or lake
Emblements Growing crops are considered to be personal goods and are governed by laws of personal property
Tenancy in Common Ownership by 2 or more person who hold undivided nterest without right of survivorship; interest need not be equal.
Trade fixtures Articles of personal property that a business tenant has attached to real property because of their need to be usued in a trade or business
law of capture applies to oil and natural gas where whoevere finds it first is the one who gets to lay claim to it
Real Estate Agent person who is empowered to represent a principal in negotiating with a third party for the principles benefit
Dual agency Real estate broker represents both buyer and seller in the same transaction.