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Definition: any device or action that controls or limits the use of real property
Pronunciation: \ri-ˈstrik-shən\
Used in a Sentence: The deed restriction prohibited RV vehicles from being pa...
Definition: a person who answers to an informal complaint proceeding prior to being adjudged innocent or being named as a defendant
Pronunciation: \ri-ˈspän-dənt\
Used in a Sentence: The res...
Definition: the sale of improved residential property of four or fewer units , the sale of unimproved residential property intended for use as for or fewer units, or the sale of agricultural prop...
Definition: defined under Chapter 475, F.S., to mean four or fewer residential units, vacant land zoned for four or fewer residential units, or agricultural property of 10 acres or less
Pronuncia...
Definition: for application and licensing purposes, a person who has resided in Florida continuously for four calendar months or more within the preceding year
Pronunciation: \ˈre-zə-dənt\
Use...
Definition: the amount of funds that an institution must hold in reserve against deposit liabilities
Pronunciation: \ri-ˈzərv\ \ri-ˈkwīr-mənt\
Used in a Sentence: A change in reserve requir...
Definition: to annul, cancel, repeal, or terminate
Pronunciation: \ri-ˈsind\
Used in a Sentence: When a contract has been rescinded, both parties are relieved from their obligations under the...
Definition: the current cost of building a replica of the subject structure, using the same materials and construction standards
Pronunciation: \ˌrē-prə-ˈdək-shən\
Used in a Sentence: Most app...
Reprimand / Reprimanded
Definition: A formal expression of disapproval or criticism, typically in an official context, intended to correct behavior or actions.
Real Estate Definition: An official a...
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