Dictionary

Adverse Possession

Definition: A means of gaining title to real property by occupying it in an open and hostile manner contrary to the interests of the owner. Pronunciation: ad-ˈvərs   pə-ze-shən Used in a Sentence: ...

Adverse Interest

Definition: An intention in opposition to the interest of another party (as, with a buyer and a seller). Pronunciation: ad-ˈvərs Used in a Sentence:   The low counter offer was an adverse interest...

Advance Fee

Definition: A commission or partial payment received by a broker in advance of completing the real estate service. Pronunciation: əd-ˈvan(t)s Used in a Sentence: The seller paid the broker an advance fee when...

Administrative Law Judge

Definition: An attorney hired by the Division of Administrative Hearings, Department of Administration, to hear complaints and issue recommended orders. Pronunciation: əd-ˈmi-nə-ˌstrā-tiv Used in a Sentence:  The charge against the broker was...

Administrative Law

Definition: The body of law created by administrative agencies in the form of rules, regulations, orders and decisions. Pronunciation: əd-ˈmi-nə-ˌstrā-tiv Used in a Sentence:  Administrative law prohibits agents from misrepresenting a property....

Administrative Complaint

Definition: A summary of allegations of facts and charges against a licensee. Pronunciation:  əd-ˈmi-nə-ˌstrā-tiv    kəm-ˈplānt Used in a Sentence:   An administrative complaint was filed against the agent due to a breach...