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Latitude
Latitude Distance on the earth's surface, measured northward or southward from the equator measured in degrees of the meridian; angular distance reckoned on a meridian.
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Meridian One of a set of imaginary lines running north and south used by surveyors for reference in locating and describing land under the government survey method of property description.
SIMILAR TERMS--------------------------------------
Latina property Property in Latina, Italy. Apartments, flats, houses, offices and other property in Latina.
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Late charge A penalty for failure to pay an installment on time.
Late payment A sum a borrower sends to a lender that is received past the date when it was due.
Late payment fee Charge imposed on a debtor for not paying on time.
Latent defect Hidden structural defect.
Lateral support The right to have land supported by the adjoining land or soil beneath.
Latitude
Laundry If the motel has 40 units or more, the laundry will usually have two 50 lb. Commercial washers with automatic soap injection and one or two large dryers.
Law of agency A fiduciary relationship is created under the law of agency when a property owner, as the principal, executes a listing agreement or management contract authorizing a licensed real estate broker to be his or her agent.
Leach Water that collects contaminants as it trickles through wastes, pesticides, or fertilizers. Leaching may occur in farming areas, feedlots, and landfills, and may result in hazardous substances entering surface water, ground water, or soil.
Lead Lead is an element that was once used as a pigment and drying agent in paint. An elevated level of lead in the body can cause serious damage to the brain, nervous system, kidneys and red blood cells.
Lead manager The investment banking firm that handles the principal responsibilities for coordinating the new issuance of securities
This dictionary contains 6433 terms. |
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