Home > Industry/Domain > Real estate
Real estate
Of or pertaining to property of land and the buildings on it. This also includes any minerals, crops, or any other natural resource. The business of real estate is the buying, selling, or renting property.
6Categories 16551Terms
Add a new termContributors in Real estate
Real estate > Contracts 
express authority
Law; Contracts
Actual, distinctly stated (not implied) specific, authority given by a delegator or principal to his or her delegatee or agent, through oral or written, or partly-oral and ...
explicit cost
Law; Contracts
Expense that is contractual in nature and definite in amount, such as rent, salaries, wages, or utility bills. Explicit costs are easily recognizable for classification and ...
Habendum Clause
Law; Contracts
A section found in real estate contracts which grants transfer of property ownership with no restrictions. The owner of a property with such a clause is considered to have ...
force account work
Law; Contracts
Contracted construction work paid-for on the basis of time taken and material consumed.
floating-rate contract
Law; Contracts
Bank or insurance company issued pension plan which the owner purchases in a lump sum payment. Floating-rate contract principal amounts are guaranteed by the issuing bank or ...
Sub-categories
- Commercial (226)
- Contracts (13098)
- Corporate (746)
- Home improvement (1576)
- Mortgage (522)
- Residential (169)