Metes and bounds realty camarillo full#
Metes and bounds realty camarillo professional#

A person who has earned the designation by fulfilling the requirements of the Institute of Real Estate Management (IREM), which is an affiliate of the National Association of Realtors.

Metes and bounds realty camarillo professional#

A person who has met the requirements of the Realtors Land Institute to aid in the marketing of real property.ĪCCREDITED RESIDENTIAL MANAGER (ARM): A professional designation for a person trained to manage residential properties. A property evaluator who has achieved the requirements of the International Association of Assessing Officers.Ī professional designation. A garage or storage shed.Ī professional designation. A property may also be said to have good accessibility to highways, shopping, schools etc.Ī structure on a property that serves a specific purpose, complementing the home or main building. A property may be inaccessible because it is located far back along a winding, mountainous road that is often blocked in winter.

The ease with which one can reach a certain place, person or thing. Access may be restricted to certain times, to certain persons and to certain purposes (i.e. Acceptance may be conditional upon the occurrence of certain events.

Metes and bounds realty camarillo full#

If the borrower fails to live up to her obligations under the mortgage, the lender has the legal right to demand that the full principal of the mortgage may become due and payable immediately upon the failure.Ī positive response to an offer or a counter-offer that creates a binding agreement between the parties. Also known as 'Writing down' the value of a property (or a chattel).Ī clause in a mortgage or loan. If a property or chattel loses its value quickly, this depreciation rate may be accelerated so that most of the value is lost in the first few years and then the depreciation rate decreases later in the property's life span. Usually used for tax purposes, the depreciation in the value of a property may be used as a tax deduction. Uses comparable, improved properties and establishes a ratio of their original land value to their value after they have been developed.Īdjoin or share a common boundary, or share even a small portion of a boundary.ĭepreciation is the reduction of the value of a property or chattel as a result of the passing of time (i.e.

May be broken down as to types and sizes of properties.Ī summary listing of the documents registered in the local land registry office and which affect title (ownership) of a particular property.Ī method by which the value of land may be established. If the Vendor is not ready, willing and able to complete the transaction on the date set for completion, the Purchaser may tender upon the Vendor and sue as a result of the failure to complete the transaction.Īn owner of a property who lives elsewhere, leaving tenants in control and occupation of the property.Įxpressed as a percentage, the number of properties that can be bought or sold in a particular market. A Purchaser is ready, willing and able to complete a transaction when she has funds and has signed the documents required to transfer title to a property. Usually occurs as a result of the discovery of a negative fact about the property which decreases its value from the price originally agreed upon by the parties.

Abandonment occurs when a person with a right or interest in a property voluntarily gives up that right or interest, either by physically 'abandoning' the property or by showing the intention to give up the right or interest.Ī decrease or reduction in the price of a property (or in rent chargeable to a tenant).