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Resource Conservation and Recovery Act
Resource Conservation and Recovery Act Federal law administered by the EPA which regulates the generation, processing and transportation of hazardous waste.
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Waste An improper use or an abuse of a property by a possessor who holds less than fee ownership, such as a tenant, life tenant, mortgagor or vendee.
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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.
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Resident alien A person who is a legal permanent resident, but not a citizen, of the United States.
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.
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
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.
Respondent 1) The party who makes an answer to a bill or other proceeding. 2) The party who contends against an appeal.
Restraining order An order that may issue from filing for an injunction.
Restricted license A probationary real estate license granted after a license was revoked, suspended or denied.
Restriction A restriction, often specified in the deed, on the use of property.
This dictionary contains 6433 terms. |
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