Dec 31 , 2015

Tampa School of Real Estate

Bylaws

Definition: The rules that govern the administration of a condominium. Pronunciation: \ˈbī-ˌlȯ\ Used in a Sentence:   The condos bylaws prohibit d...

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Dec 31 , 2015

Tampa School of Real Estate

Buyer’s Market

Definition: The inventory of available properties exceeds the demand. Pronunciation: Used in a Sentence:   We were able to get a better price on th...

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Dec 31 , 2015

Tampa School of Real Estate

Buyer Brokerage Agreement

Definition: An employment contract with a buyer. Pronunciation: \ˈbī(-ə)r\ \ˈbrō-k(ə-)rij\ \ə-ˈgrē-mənt\ Used in a Sentence:   The prospective buye...

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Dec 31 , 2015

Tampa School of Real Estate

Business Trust (syndicate)

Definition: A business entity formed by any number of persons who make an investment at a stipulated amount per unit.  The monies collected in this...

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Dec 31 , 2015

Tampa School of Real Estate

Bundle Of Legal Rights

Definition: An ownership theory describing all the legal rights that attach to the ownership of real property, including disposition, enjoyment, ex...

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Dec 31 , 2015

Tampa School of Real Estate

Building Codes

Definition: Government regulations controlling construction practices and materials. Pronunciation: \ˈbil-diŋ\ Used in a Sentence:   The inspector ...

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