Definition: A license ceases to exist, effective as of the date approved by the Commission, and does not involve disciplinary action. Pronunciation: \ˈkan(t)-səl\ Used in a Sentence: Because she was no longer active in real estate the agent decided to cancel he..
Category : C
Definition: The collective assets (money and property) that add to the long-term net worth of a corporation. Pronunciation: \ˈka-pə-təl, ˈkap-təl\ Used in a Sentence: Due to a large amount of cash deposits the company had a lot of capital ..
Definition: Certain property held by a taxpayer, not including inventory for sale to customers. Pronunciation: \ˈka-pə-təl, ˈkap-təl\ \ˈa-ˌset also -sət\ Used in a Sentence: The manufacturing facility had a large number of capit..
Definition: The profit from the sale of an asset, including real property. Pronunciation: \ˈka-pə-təl, ˈkap-təl\ \ˈgān\ Used in a Sentence: The tax on the capital gains from the sale of the propert..
Definition: A region where the total amount of local savings is not adequate to finance economic development already in progress in that area. Pronunciation: \ˈka-pə-təl, ˈkap-təl\ \ˈde-fə-sət\ Used in a Sentence: Due to the poor economy, the region was considered a capital-def..
Definition: The relationship between the new income from a real estate investment and the present value. Pronunciation:\ˌka-pə-tə-lə-ˈzā-shən\ Used in a Sentence: The capitalization rate applied to the building is 1..
Definition: The resulting amount when an annual debt service, tax liability, and capital improvement costs are subtracted from net operating income. Pronunciation: Used in a Sentence: Due to increased operating costs, the cash flow for the store ..
Definition: Latin for “let the buyer beware”. Pronunciation: \ˈka-vē-ˌät, -ˌat; ˈkä-vē-ˌät; ˈkā-vē-ˌat\ \-ˈem(p)-tər, -ˌtȯr\ Used in a Sentence: Caveat emptor should be kept in mind when looking to bu..
Definition: An action by a government agency that requires a person or business to stop an illegal or unfair practice. Pronunciation: Used in a Sentence: A cease and desist order was issued against the individual for unlicensed real estate..
Definition: When certain events occur, the licensee cannot conduct business until the DBPR is properly notified. An example would be a licensee changing employers. Pronunciation: Used in a Sentence: Until you register your new employer with the DBPR your license will cease to be..