Dictionary

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  to annul, cancel, repeal, or terminate Pronunciation:  \ri-ˈsind\ Used in a Sentence:   When a contract has been rescinded,  both parties are relieved from their obligations under the...

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 / 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...

Definition:   a portion of annual income set aside for covering the cost of major components (e.g. air conditioning) that wear out faster than the building itself Pronunciation:  \ri-ˈplās-mənt\\ri...

Definition:  the amount of money required to replace a structure having the same use and function as the original but using modern, available or updated materials Pronunciation:   \ri-ˈplās-mənt\ U...

Definition:   a person who, for a fee, acts as an intermediary between a person seeking to lease a housing accommodation and a property owner seeking to acquire a lease for a housing accommodation ...

Definition:   the party designated to receive an estate at the end of a life estate Pronunciation:   \ri-ˈmān-dər-mən\ Used in a Sentence:   When the man named his son in his will he became the rea...

Definition:   the gradual recession of water leaving land permanently uncovered Pronunciation:  \ri-ˈlik-shən\ Used in a Sentence:   As a result of reliction, the size of the property had increased...

Definition:   a provision found in many blanket mortgages enabling the mortgagor to obtain partial releases of specific parcels from the mortgage upon a payment of a designated amount Pronunciation...