Dictionary

Special Assessment

Definition:   taxes levied against properties to pay for all, or part of, improvements that will benefit the properties being assessed Pronunciation:   \ˈspe-shəl\ \ə-ˈses-mənt\ Used in a Sentence:   The homeowners were issued...

Special Agent

Definition:   one authorized by a principal to perform a particular act or transaction, without contemplation of continuity of service as with a general agent Pronunciation: Used in a Sentence:  A...

Sole Propriertorship

Definition:   a method of owning a business in which one person owns the entire business Pronunciation:   \ˈsōl\  \prə-ˈprī-ə-tər-ship\ Used in a Sentence:   A sole proprietorship is frequently used in real estate...

Situs

Definition:   the preferences by people for a certain location Pronunciation:   \ˈsī-təs\ Used in a Sentence:

Site Plan

Definition:    a document that indicates the improvement details for a project of greater-than-average size Pronunciation:   \ˈsīt\\ˈplan\ Used in a Sentence:    Site plan approval falls under the authority of...

Single Agent

Definition:   the practice of representing either the buyer or the seller but not both in the same transaction Pronunciation: Used in a Sentence:   The broker worked as a single agent...