Definition: surface features (natural and manufactured) of land (e.g. lakes, mountains, roads) Pronunciation: \tə-ˈpä-grə-fē\ Used in a Sentence: A map of the topography of the coastline shows a significant loss of..
Category : T
Definition: a square tract of land measuring six miles on each side and including 36 sections (formed by crossing of range and township lines) Pronunciation: \ˈtau̇n-ˌship\ Used in a Sentence: A township contains 36 squ..
Definition: the east-west survey lines located every six miles north and south of the primary base line Pronunciation: \ˈtau̇n-ˌship\ \ˈlīn\ Used in a Sentence: Township lines run horizontally..
Definition: an article that is attached by a commercial tenant as a necessary part of the tenant’s business and is personal property Pronunciation: \ˈfiks-chər\ Used in a Sentence: The display racks attached to the walls in the retail store are considered trade..
Definition: any adopted or fictitious name used to designate a business concern Pronunciation: Used in a Sentence: The real estate office operated under the trade name Sunshi..
Definition: a broker who provides limited representation to a buyer, a seller, or both in a real estate transaction, but does not represent either in a fiduciary capacity or as a single agent Pronunciation: \tran-ˈzak-shən\ \ˈbrō-kər\ Used in a Sentence: A buyer or seller who chooses limited representation is a customer under the transaction broker rel..
Definition: used in advertising, include the following – the amount or percentage of down payment, number of payments, period (term) of repayment, amount of any payment, and the amount of any finance charges Pronunciation: \ˈtri-g(ə-)riŋ\ Used in a Sentence: The Truth in Lending Act requires creditors to disclose certain information if triggering terms are ..
Definition: a right of property, either real or personal, held by one party for the benefit on another Pronunciation: \ˈtrəst\ Used in a Sentence: The property will be held in trust until her 25th..
Definition: cash, checks, money orders, and items that can be converted into cash that a person (broker) holds in trust for another person Pronunciation: Used in a Sentence: When we made our deposit on the house the broker placed the funds into a trust fund..
Definition: a person or party, either appointed or required by law to administer or manage another’s property Pronunciation: \ˌtrəs-ˈtē\ Used in a Sentence: He was named as trustee to the child’..