- Industry: Real estate
- Number of terms: 9847
- Number of blossaries: 0
- Company Profile:
Century 21 Real Estate LLC is a real estate agent franchise company founded in 1971. The Century 21 System consists of over 7,800 independently owned and operated offices. Century 21 has offices in all 50 states and in more than 67 countries and territories.
A legal process, also called actual eviction used by a landlord to regain possession of the leased premises if the tenant has breached the lease or is holding over after the termination of the lease.
Industry:Real estate
A tenancy that exists when a tenant wrongfully holds over after the expiration of a lease without the landlord's consent, as where the tenant fails to surrender possession after termination of the lease.
Industry:Real estate
A tenancy in which a person holds or occupies real estate with permission of the owner, for a term of unspecified or uncertain durations, i.e. there is no fixed term to the tenancy.
Industry:Real estate
A type of joint tenancy of property that provides right of survivorship and is available only to a husband and wife. Contrast with tenancy in common.
Industry:Real estate
In general, one who exclusively holds or possesses property; commonly used to refer to a lessee under a lease. A tenant's occupancy, although exclusive, is always subordinate to the rights of the owner.
Industry:Real estate
Total obligations as a percentage of gross monthly income. The total expense ratio includes monthly housing expenses plus other monthly debts.
Industry:Real estate
State or local tax payable when title passes from one owner to another.
Industry:Real estate
A federal law requiring disclosure of the APR-Annual Percentage Rate to home buyers shortly after they apply for the loan. Also known as Regulation Z.
Industry:Real estate
A property that consists of a structure that provides living space (dwelling units) for two to four families, although ownership of the structure is evidenced by a single deed.
Industry:Real estate
The decision whether to make a loan to a potential home buyer based on credit, employment, assets, and other factors and the matching of this risk to an appropriate rate and term or loan amount.
Industry:Real estate
