- Industry: Real estate
- Number of terms: 9847
- Number of blossaries: 0
- Company Profile:
Century 21 Real Estate LLC is a real estate agent franchise company founded in 1971. The Century 21 System consists of over 7,800 independently owned and operated offices. Century 21 has offices in all 50 states and in more than 67 countries and territories.
Representing both parties in a transaction. In virtually all states it is unethical and illegal for a broker to represent buyer and seller in a real estate transaction without written consent of both.
Industry:Real estate
The title to property which has been sufficiently reviewed by a title insurance company, such that they are willing to insure it as free and clear.
Industry:Real estate
A percentage of a loan or mortgage value that is paid to the lender as compensation for loaning funds.
Industry:Real estate
Any piece of property that is expected to generate a financial return. This may come as the result of periodic rents or through appreciation of the property value over time.
Industry:Real estate
Joint ownership by two or more persons with right of survivorship. Upon the death of a joint tenant, his interest does not go to his heirs, but to the remaining joint tenants.
Industry:Real estate
Normal annual income including overtime that is regular or guaranteed. The income may be from more than one source. Salary is generally the principal source, but other income may qualify if it is significant proceedings.
Industry:Real estate
The means by which a property is exited. The right to got out. Contrast with Ingress.
Industry:Real estate
An official court decision. If the judgment requires payment from one party to another, the court may put a lien against the payee's property as collateral.
Industry:Real estate
