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Will
Will A written document, properly witnessed, providing for the transfer of title to property owned by the deceased, called the testator.
RELATED TERMS--------------------------------------
Title
1) The rights of ownership and possession of particular property. 2) In real estate usage, title may refer to the instruments or documents by which a right of ownership is established (title documents), or it may refer to the ownership interest one has in the real estate.
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
Testator
A male who has made a valid will.
SIMILAR TERMS--------------------------------------
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Weighted average rental rates
The average proportion of unequal rental rates in two or more buildings within a market.
Weighted average technique
When reconciling appraisal approaches, the application of a weight to each approach for averaging.
Wetlands
Areas that are inundated or saturated by surface or ground water at a frequency and duration sufficient to support vegetation typically adapted for life in saturated soils.
Wholesale agreements
An agreement of a loan originator to work exclusively with a single lender.
Wild deed
An improperly recorded deed.
Will
Will-buy buyers
Will-buy buyers are bargain-hunters looking for motivated "must-sell" sellers.
Will-sell sellers
Unmotivated sellers who put their property on the market at an above-market price.
Window light
An individual pane of glass.
Window seat
A bench built under an interior window.
Window well
The dugout area just outside of a basement window that can be used to escape in the event of a fire.
This dictionary contains 6433 terms. |
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