The 2-Minute Rule for Hattiesburg Real Estate Glossary

Realty Executives, The Executive Team, Inc.
118 Lamar Blvd #10, Hattiesburg, MS 39402, USA
8J94+FJ Hattiesburg, Mississippi, USA
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REMAINDER ESTATE - A future interest in real estate established at the same time and by a similar instrument as A different estate, and limited to occur quickly on the termination on the prior estate.

No Many thanks This service is supplied by Transfer, Inc. and is not affiliated Using the real estate professionals related to this property. By clicking “Get Relocating Estimates” I consent to being contacted for the phone number I’ve furnished over, together with through the use of an automated dialing method or a man-made or pre-recorded voice: (A) to get going estimates by as many as four (four) businesses as may be selected by Moving.

RETALIATORY EVICTION - An act whereby a landlord evicts the tenant in response to some complaint created by the tenant.

PORTE COCHERE - A roofed composition extending from the doorway of a developing more than an adjacent driveway to shelter Those people getting into or outside of autos.

three. Who'll do the appraisal And just how will or not it's assigned? Academy takes advantage of seasoned, regional appraisers whom we assign with a rotational basis.

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These days, it’s all about execution and accountability. Paying for a home will probable be the biggest fiscal conclusion you will at any time make, so you'll want to function which has a lender who will place your needs first and get items completed rapidly!

SCHEMATICS - Preliminary architectural drawings and sketches; standard layouts not that contains the final specifics of layout.

PLOTTAGE - The merging or consolidating of adjacent lots into a single greater lot, Along with the consequent result of improved usability and elevated benefit; also referred to as assemblage.

RENEWAL Selection - A covenant in some leases which supplies the lessee the correct to increase the lease phrase for a specific period of time, on specified terms.

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ACCELERATED DEPRECIATION - A method of calculating the depreciation of particular assets (that home and that is Employed in a trade or business enterprise, or which happens to be held with the creation of profits) in a quicker fee than might be realized from using the straight line approach to depreciation.

Safety Settlement - A protection document which generates a lien upon chattels, such as chattels meant to be affixed to land as fixtures; often known as a chattel mortgage previous to why not try here the adoption from the Uniform Professional Code.

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