|
A
B
C
D
E
F
G
H
I
J K
L
M
N
O
P
Q
R
S
T
U
V
W
X Y Z
O
objective value:
the actual value measured in dollars of an aspect of construction or location.
offer and acceptance: two essential components of a valid contract.
open-end mortgage: a mortgage loan that is expandable by increments up to a maximum
dollar amount, the full loan being secured by the same original mortgage.
open listing:
a listing contract under which the broker’s commission is contingent on the
broker’s producing a ready, willing, and able buyer before the property is sold
by the seller or another broker.
option:
the right to purchase property within a definite time at a specified price.
origination fee:
See loan origination fee.
ostensible agency: a form of implied agency relationship created by the actions of the
parties involved rather than by written agreement or document.
owelty:
the difference paid or secured by one cotenant to another for the purpose of
equalizing a partition of asserts.
Add a Definition |