Jan 08 , 2016

Tampa School of Real Estate

Documentary Tax Stamps (doc Stamps)

Definition:  A state tax imposed on the transfer or conveyance of realty or any realty interest by means of deed, lease, sublease, assignment or si...

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Jan 07 , 2016

Tampa School of Real Estate

Customer

Definition:  One with whom the broker or sales associate hopes to be successful in achieving the purpose of employment.  Per Section 475.01, F.S., ...

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Jan 07 , 2016

Tampa School of Real Estate

Curable Depreciation

Definition: When the correction of a defect results in as much added value as the cost to correct the defect. Pronunciation:   \ˈkyu̇r-ə-bəl\ \di-ˌ...

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Jan 07 , 2016

Tampa School of Real Estate

Culpable Negligence

Definition: Insufficient attention to duties and responsibilities by those who know, or should know, what is required of them. Pronunciation:   \ˈk...

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Jan 07 , 2016

Tampa School of Real Estate

Cul-de-sac

Definition:   A street that is designed to connect to another street at only one end with a circular turnaround at the other end. Pronunciation:   ...

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Jan 07 , 2016

Tampa School of Real Estate

Creditor

Definition:   A lender; a person or business entity to whom a debt is owed. Pronunciation:   \ˈkre-di-tər, -ˌtȯr\ Used in a Sentence:   She owed t...

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