RE Terms

RE Terms - Term Definition ARS 26 states that real estate...

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Term: ARS 26 Definition: states that real estate licensees can write contracts but not charge for it Term: 1099s Definition: Sale of property for tax purposes Term: "Livery of Seizin" Definition: giving dirt to show you own the land Term: Abatement Definition: to remove Term: Abstract of Title Definition: history of title
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Term: Acceleration Definition: calling loan due and payable Term: Accretion Definition: land gained through soil buildup Term: Acknowledgement Definition: notary confirmation of parties & will Term: Accrued depreciation Definition: physical, economic, and functional depreciation Term: ADA rules/fines Definition: Title 1: 15+ employees; Title 3: public places; Fines of $55k (1st) & $110k (2nd)
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Term: Adjusted basis Definition: = purchase price + cost of sales +
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