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Restricted license
Restricted license A probationary real estate license granted after a license was revoked, suspended or denied.
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Estate
The ownership interest of a person in real property, also used to refer to a deceased person's property.
License
1) A privilege or right granted to a person by a state to operate as a real estate broker or salesperson. 2) The revocable permission for a temporary use of land.
SIMILAR TERMS--------------------------------------
Restraining order
An order that may issue from filing for an injunction.
Restriction
A restriction, often specified in the deed, on the use of property.
Restrictive covenants
A clause in a deed that limits the way the real estate ownership can be used.
Restructured loan
A mortgage in which basic terms (such as interest rate, term and monthly payment) have been changed to prevent foreclosure.
PREVIOUS AND NEXT TERMS--------------------------------------
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.
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
Restriction
A restriction, often specified in the deed, on the use of property.
Restrictive covenants
A clause in a deed that limits the way the real estate ownership can be used.
Restructured loan
A mortgage in which basic terms (such as interest rate, term and monthly payment) have been changed to prevent foreclosure.
Retail investor
When used to describe an investor, retail refers to the nature of the distribution channel and the market for the services - selling interests directly to consumers.
Retail property
Income-producing property from which various types of retail products are sold.
This dictionary contains 6433 terms. |
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