Mar 07 , 2016

Tampa School of Real Estate

Intensity

Definition:   The concentration of activity (pedestrian or vehicular traffic) used as a means of designating land for commercial use. Pronunciation...

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Mar 07 , 2016

Tampa School of Real Estate

Intangible Asset

Definition:   Anything having no material or physical substance, cannot be seen or touched, such as the goodwill of a business. Pronunciation:   \(...

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Mar 07 , 2016

Tampa School of Real Estate

Insurance Clause

Definition:   A stipulation in a mortgage that requires the mortgagor to obtain and keep current a hazard insurance policy. Pronunciation:   \in-ˈs...

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Mar 07 , 2016

Tampa School of Real Estate

Instrument

Definition:   A formal legal document such as a contract,  deed or will. Pronunciation:   \ˈin(t)-strə-mənt\ Used in a Sentence:   A deed is a writ...

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Mar 07 , 2016

Tampa School of Real Estate

Ineffective

Definition:   The status of a license when it is inactive or has been suspended. Pronunciation:   \ˌi-nə-ˈfek-tiv\ Used in a Sentence:    Her licen...

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Mar 07 , 2016

Tampa School of Real Estate

Industrial

Definition:   Properties that include 1) sites in industrial parks or subdivisions, 2) redeveloped industrial parcels in central areas and 3) indus...

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