- Industry: Real estate
- Number of terms: 9847
- Number of blossaries: 0
- Company Profile:
Century 21 Real Estate LLC is a real estate agent franchise company founded in 1971. The Century 21 System consists of over 7,800 independently owned and operated offices. Century 21 has offices in all 50 states and in more than 67 countries and territories.
A person in a real estate transaction that employs another to advise, represent, or provide professional services.
Industry:Real estate
Expenses incurred in the closing of a real estate or mortgage transaction.
Industry:Real estate
Any encumbrance, claim, or lien that may affect title to real estate; usually revealed by a title search. A cloud can be removed through a suit to quiet title or by quitclaim deed.
Industry:Real estate
A written system of standards of ethical conduct. The Code of Ethics of the National Association of REALTORS®, first written in 1913, establishes the high standards of conduct for members of the Realtor community
Industry:Real estate
A classification of real estate which includes income producing property such as office buildings, gasoline stations, restaurants, shopping centers, hotels and motels, parking lots and stores, and other similar uses.
Industry:Real estate
A way to determine a property's value by comparing it to similar; recently sold properties. Method of valuing homes using study or comparables, property that failed to sell, and other property currently on the market.
Industry:Real estate
A shorter version of a Comparative Market Analysis (CMA) wherein, typically, a real estate agent compares the subject property only to currently listed properties rather than including references to recently sold and expired properties.
Industry:Real estate
The duty of agents not to disclose any information about their clients.
Industry:Real estate
A clause in a contract that specified either a condition precedent which must first occur to cause the obligations in a contract to become enforceable or a condition subsequent which acts to extinguish already enforceable obligations if it occurs; for example, a financing contingency.
Industry:Real estate
A three-day right of rescission for certain loan transaction.
Industry:Real estate