Deed covenants, conditions and restrictions are private controls of land use,
development, methods and materials for construction, including style and
appearance requirements in some cases
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C, C & R's
Government right to regulate and control the character and use of property for the
health, safety and general welfare of the public
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Police Power
,A factor based on location and rent - a price per monthly rent to give an initial
estimate of value for a residential rental property
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(Gross Rent Multiplier) GRM
Created the superfund to help pay for spills and set guidelines for liability for cleanup
of hazardous materials - strict, joint, and several, and retroactive
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Comprehensive Environmental Response, Compensation, and Liability Act
(CERCLA)
The date on which the last party signed and acceptance was communicated
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Effective Date of a Contract
The right of government to tax real property
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, Taxation
Meetings of the minds or mutual agreement - all parties concerned understand agree
to all the terms the terms of the contract
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Offer and acceptance
A clause in a contract that allows each party to hold the other to strict performance
on the date specified
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Time is of the Essence
The term that describes methods used to handle the control of asbestos found in a
property
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Abatement
A court order to cease, stop, or reefrain from acting - can be used to enforce C, C &
R's
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Injunction
Any fact about a property that might influence the decision of a purchaser
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Material Fact
A buyer's evidence of good faith, submitted with an offer to purchase
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Earnest Money
A broker who has the written permission of both the buyer and the seller to represent
both parties in a single transaction
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Dual Agent
The right of government to take private property for public use.
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development, methods and materials for construction, including style and
appearance requirements in some cases
Give this one a try later!
C, C & R's
Government right to regulate and control the character and use of property for the
health, safety and general welfare of the public
Give this one a try later!
Police Power
,A factor based on location and rent - a price per monthly rent to give an initial
estimate of value for a residential rental property
Give this one a try later!
(Gross Rent Multiplier) GRM
Created the superfund to help pay for spills and set guidelines for liability for cleanup
of hazardous materials - strict, joint, and several, and retroactive
Give this one a try later!
Comprehensive Environmental Response, Compensation, and Liability Act
(CERCLA)
The date on which the last party signed and acceptance was communicated
Give this one a try later!
Effective Date of a Contract
The right of government to tax real property
Give this one a try later!
, Taxation
Meetings of the minds or mutual agreement - all parties concerned understand agree
to all the terms the terms of the contract
Give this one a try later!
Offer and acceptance
A clause in a contract that allows each party to hold the other to strict performance
on the date specified
Give this one a try later!
Time is of the Essence
The term that describes methods used to handle the control of asbestos found in a
property
Give this one a try later!
Abatement
A court order to cease, stop, or reefrain from acting - can be used to enforce C, C &
R's
, Give this one a try later!
Injunction
Any fact about a property that might influence the decision of a purchaser
Give this one a try later!
Material Fact
A buyer's evidence of good faith, submitted with an offer to purchase
Give this one a try later!
Earnest Money
A broker who has the written permission of both the buyer and the seller to represent
both parties in a single transaction
Give this one a try later!
Dual Agent
The right of government to take private property for public use.
Give this one a try later!
