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Residential purchase agreement
Residential purchase agreement A model purchase agreement form, initially developed in 1985 by the California Association of Realtors in cooperation with the State Bar Association, that ensures a real estate purchase agreement will be complete and in compliance with state law.
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Estate The ownership interest of a person in real property, also used to refer to a deceased person's property.
Will A written document, properly witnessed, providing for the transfer of title to property owned by the deceased, called the testator.
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Resident alien A person who is a legal permanent resident, but not a citizen, of the United States.
Residential Sales Council A not-for-profit affiliate of the NATIONAL ASSOCIATION OF REALTORS. The Council awards the Certified Residential Specialist (CRS) Designation, to experienced members who have completed an advanced course of study in residential real estate.
Residential Tenancies Tribunal Specialist tribunal (under Government control) that determines most matters relating to residential tenancies including breaches of tenancy agreements by either the landlord or the tenant.
Resistencia property Property in Resistencia, Argentina. Apartments, flats, houses, offices and other property in Resistencia.
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Reserve account An account that a borrower has to fund to protect the lender.
Reserve fund Monies a lender will often require a borrower to set aside as a cushion of capital for future payment of items such as taxes, insurance, furniture replacement and deferred maintenance.
Reserve funds An expense category in the operating budget.
Reserve requirements A flat percentage of deposits, required by the Federal Reserve, to be set aside by member banks as a precaution.
Resident alien A person who is a legal permanent resident, but not a citizen, of the United States.
Residential purchase agreement
Residential Sales Council A not-for-profit affiliate of the NATIONAL ASSOCIATION OF REALTORS. The Council awards the Certified Residential Specialist (CRS) Designation, to experienced members who have completed an advanced course of study in residential real estate.
Residential Tenancies Tribunal Specialist tribunal (under Government control) that determines most matters relating to residential tenancies including breaches of tenancy agreements by either the landlord or the tenant.
Resolution Trust Corporation (RTC) The RTC was established by Congress in 1989 to contain, manage and sell failed savings institutions and recover taxpayer funds through the management and sale of the institutions' assets.
Resource Conservation and Recovery Act Federal law administered by the EPA which regulates the generation, processing and transportation of hazardous waste.
RESPA (Real Estate Settlement Procedures Act) A federal regulation that requires lenders and mortgage brokers to disclose to borrowers, in advance, the fees required to obtain a mortgage loan.
This dictionary contains 6433 terms. |
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