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Agreement of sale
Agreement of sale An agreement between parties for the sale of real estate. In some states it is synonymous with a Purchase Agreement, Sales Agreement, or Land Contract or Earnest Money Contract.
RELATED TERMS--------------------------------------
Estate
The ownership interest of a person in real property, also used to refer to a deceased person's property.
Land
The earth's surface, extending downward to the center of the earth and upward infinitely into space, including things permanently attached by nature, such as trees and water.
Contract
A legal agreement between entities that requires each to conduct (or refrain from conducting) certain activities.
SIMILAR TERMS--------------------------------------
Agreed boundary
Property lines that are drawn to settle a dispute between neighboring property owners.
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Agent
Person authorized to act on behalf of another in dealings with third parties.
Agent property evaluation
A questionnaire filled out by real estate agents while reviewing a listed property.
Aggregation risk
Risk associated with warehousing mortgages during the pooling process for future securitization.
Aggrieved party
One whose legal right is invaded by an act(s) of another.
Agreed boundary
Property lines that are drawn to settle a dispute between neighboring property owners.
Agreement of sale
Agricultural lease
Agricultural landowners often lease their land to tenant farmers, who provide the labor to produce and bring in the crop.
AIDA
Attention, Interest, Desire, Action. In real estate advertising, creating ads that get the Attention of prospects, stimulating their Interest in a property, generating a Desire to purchase, and motivating the prospect to take Action.
AIDS
Persons with acquired immunodeficiency syndrome are protected under most federal and state discrimination laws.
Air lot
A designated airspace over a piece of land.
Air quality standards
The level of selected pollutants set by law that may not be exceeded in outside air.
This dictionary contains 6433 terms. |
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