Search results for: “real property”
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Real Estate Business
Hierarchical Display of Real estate business Business And Competition > Business classification > Branch of activityLaw > Civil law > Ownership > Real property Meaning of Real estate business Overview and more information about Real estate business For a more comprehensive understanding of […]
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Real Action
One brought for the specific recovery of lands, tenements and hereditaments. Mathews v Sniggs, 182 P. 703, 75 Okl. 108. A personal action , on the other hand, is one brought for the specific recovery of goods and chattels or for damages or other redress for breach of contract , […]
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Community Property
Property acquired during the existence of the matrimonial relation, which in some states (Louisiana, Texas, New Mexico, Arizona, California, Idaho, and Washington) belongs equally to the spouses. The doctrine is of Spanish origin. See Schmidt, Civ. Law, p. 28; White, New Recop. p. 60. The […]
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Amount Realized
A term defined in ç 1001(b) of the I.R.C. as (subject to some arcane qualifications) the money, plus the fair market value of any property, received upon the sale or other disposition of property. It is one of the quantities that must be determined in order to calculate realized gain or […]
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Real Contract
A t Common Law. A contract respecting real property. 3 Rawle (Pa.) 225. In Civil Law. Those contracts which require the interposition of a thing (rei) as the subject of them; for instance, the loan for goods to be specifically returned. Contracts are divided into those which […]
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After Acquired Property
Concept of After Acquired Property in the context of Real Property A short definition of After Acquired Property: As applied to a judgement lien, it means that the lien will attach to property of the debtor acquired after the judgement. See also: After Acquired Title.
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Real
Legal Definition and Related Resources of Real Meaning of Real Of, pertaining to or consisting of land and tenements; contrasted with things personal . Also, actual , having an objective independent existence. <div […]
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Real Estate Broker
Generally, denotes a special agent engaged by others to negotiate bargains or contracts for the sale or lease of real estate between other persons for which one is paid a commission, usually by the vendor. Doria v Suehowolski, (Tex.Civ. App.)531 S.W.2d360.
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Society of Industrial and Office Realtors
Concept of Society of Industrial And Office Realtors (sior) in the context of U.S. Real Property A short definition of Society of Industrial And Office Realtors (sior): An international organization which is an affiliate of the NATIONAL ASSOCIATION OF REALTORS. Its members specialize in the […]
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Investment Property
Concept of Investment Property in the context of Real Property A short definition of Investment Property: Generally, any property purchased for the primary purpose of profit. The profit may be from income or from resale.
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Corporeal
That which has an objective material existence. A corporeal property being that which has a physical existence, such as lands or goods.
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National Association of Realtors
Concept of NAR (National Association of Realtors) in the context of U.S. Real Property A short definition of Nar (National Association of Realtors): An association of people engaged in the real estate business. Organized in 1908, it currently lists over half a million members. with […]