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Restriction

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...
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Respondent

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...
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Residential Sale

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...
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Residential

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...
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Resident

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...
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Reserve Requirements

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...
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Rescind

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  to annul, cancel, repeal, or terminate Pronunciation:  \ri-ˈsind\ Used in a Sentence:   When a contract has been rescinded,  both parties are relieved from their obligations under the...
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Reproduction Cost

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
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Reprimand

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...