Mar 16 , 2016

Tampa School of Real Estate

Easement By Prescription

Definition:  A right acquired by an adverse user to use the land of another, created through a court of law after long and uninterrupted use. Pronu...

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Jan 18 , 2016

Tampa School of Real Estate

Expungement

Definition:  A process by which the record of a criminal conviction is destroyed or sealed after expiration of time. Pronunciation:  \ik-ˈspənj-mən...

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Jan 18 , 2016

Tampa School of Real Estate

Express Contract

Definition:   An agreement where all terms and conditions have been spelled out and a meeting of the minds is reached in words of agreement and mut...

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Jan 18 , 2016

Tampa School of Real Estate

Exempt

Definition:   Property that has been declared to be excluded from taxation or claim by others. Pronunciation:  \ig-ˈzem(p)t\ Used in a Sentence:   ...

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Jan 18 , 2016

Tampa School of Real Estate

Executory Contract

Definition:  A contract in which one or both parties have not yet performed some condition. Pronunciation: \ig-ˈze-k(y)ə-ˌtȯr-ē\ \ˈkän-ˌtrakt\ Use...

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Jan 18 , 2016

Tampa School of Real Estate

Executed Contract

Definition:   A contract that has been performed fully. Pronunciation:   \ˈek-si-ˌkyüt-ed\ \ˈkän-ˌtrakt\ Used in a Sentence:   Once everyone had si...

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