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Administrative Law

Definition: The body of law created by administrative agencies in the form of rules, regulations, orders and decisions. Pronunciation: əd-ˈmi-nə-ˌstrā-tiv Used in a Sentence:  Administrative law pr...
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Administrative Complaint

Definition: A summary of allegations of facts and charges against a licensee. Pronunciation:  əd-ˈmi-nə-ˌstrā-tiv    kəm-ˈplānt Used in a Sentence:   An administrative complaint was filed against t...
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Adjusted Basis

Definition:  An owner’s original cost of a property plus buying expenses plus capital improvements. Pronunciation: ə-ˈjəst-ed Used in a Sentence:    The adjusted basis of the property calculated ou...
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Adjustable Rate Mortgage (arm)

Definition:  A mortgage that typically has a lower rate than a fixed rate mortgage to start, but can be adjusted periodically by the lender. Pronunciation: \ə-ˈjəs-tə-bəl, mȯr-gij Used in a Senten...
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Adjudication

Definition:  A judicial or court decision. Pronunciation: ə-ˌjü-di-ˈkā-shən Used in a Sentence:  The court withheld adjudication of guilt for the defendant.
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Address Of Record

Definition:   The last known mailing address or email address of a person. Pronunciation:   ə-ˈdres, a- also ˈa-ˌdres Used in a Sentence:   Please get the address of record for the buyer.  
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Ad Valorem

Definition:    Taxable value of real property, according to the value Pronunciation:   ad-və-ˈlȯr-əm Used in a Sentence:   The ad valorem tax for the real property was  determined to be $2375.
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Actual Notice

Definition:  Information that is learned by reading, seeing or hearing. Pronunciation:  ak-ch(ə-w)əl Used in a Sentence:   The seller gave actual notice when he advised the buyer there is a constru...
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Acre

Definition:   A measure of land equal to  43,560 square feet, 7/11 (4+3=7, 5+6+0= 11) Pronunciation: ˈā-kər Used in a Sentence:   The property was measured at one acre.