Jul 07 , 2016

Tampa School of Real Estate

Voluntary Relinquishment

Definition:  the licensee requests that the DBPR cancel the license Pronunciation:   \ˈvä-lən-ˌter-ē\ \ri-ˈliŋ-kwish-mənt\ Used in a Sentence:   Wh...

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Jul 07 , 2016

Tampa School of Real Estate

Voluntary Lien

Definition:   claims imposed against real property with the consent of the owner Pronunciation:   \ˈvä-lən-ˌter-ē\ \ˈlēn\ Used in a Sentence:   A s...

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Jul 07 , 2016

Tampa School of Real Estate

Voluntary Inactive

Definition:   the license status that results when a licensee has met all of the requirements for licensure but chooses not to engage in the real e...

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Jul 07 , 2016

Tampa School of Real Estate

Voidable

Definition:   a contract that because of the manner or method in which it was brought about, one of the parties is allowed to void contractual duti...

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Jul 07 , 2016

Tampa School of Real Estate

Vendor’s Lien

Definition:   a claim against property giving the seller the right to hold the property as security for any unpaid purchase money Pronunciation:  \...

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Jul 07 , 2016

Tampa School of Real Estate

Vendor

Definition:   the seller of real property in an agreement of sale Pronunciation:   \ˈven-dər\ Used in a Sentence:    The vendor accepted the offer ...

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