Definition: cash, checks, money orders, and items that can be converted into cash that a person (broker) holds in trust for another person
Pronunciation:
Used in a Sentence: When we made our dep...
Definition: a person or party, either appointed or required by law to administer or manage another’s property
Pronunciation: \ˌtrəs-ˈtē\
Used in a Sentence: He was named as trustee to the ch...
Definition: a right of property, either real or personal, held by one party for the benefit on another
Pronunciation: \ˈtrəst\
Used in a Sentence: The property will be held in trust until h...
Definition: A body of federal law that ensures that borrowers and customers of consumer credit are given meaningful information with respect to the cost of credit.
Pronunciation:
Used in a Senten...
Definition: used in advertising, include the following – the amount or percentage of down payment, number of payments, period (term) of repayment, amount of any payment, and the amount of any fin...
Definition: a broker who provides limited representation to a buyer, a seller, or both in a real estate transaction, but does not represent either in a fiduciary capacity or as a single agent
Pro...
Definition: any adopted or fictitious name used to designate a business concern
Pronunciation:
Used in a Sentence: The real estate office operated under the trade name Sunshine Realty.
Definition: an article that is attached by a commercial tenant as a necessary part of the tenant’s business and is personal property
Pronunciation: \ˈfiks-chər\
Used in a Sentence: The displa...
Definition: the east-west survey lines located every six miles north and south of the primary base line
Pronunciation: \ˈtau̇n-ˌship\ \ˈlīn\
Used in a Sentence: Township lines run horizontall...
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