Definition: A roof design that peaks at the center ridge and extends downward on two opposite sides. Pronunciation: \ˈgā-bəl\ Used in a Sentence: What really attracted us to the house was the gable ro..
Category : G
Definition: One authorized by the principal to perform only acts related to a business or to employment of a particular nature. Pronunciation: \ˈjen-rəl, ˈje-nə-\ \ˈā-jənt\ Used in a Sentence: The property manager of the condo building was the general agent for the own..
Definition: a claim that may affect all of the properties of a debtor. Pronunciation: \ˈjen-rəl, ˈje-nə-\ \ˈlēn, ˈlē-ən\ Used in a Sentence: There was a general lien against the debtor for unpaid prope..
Definition: An association of two or more persons for the purpose of jointly conducting a business and sharing full liability for the debts and obligations of the partnership. Pronunciation: \ˈjen-rəl, ˈje-nə-\ \ˈpärt-nər-ˌship\ Used in a Sentence: The two brothers formed a general partnership to start their construction..
Definition: an instrument of conveyance containing the strongest and most comprehensive promises of further assurance for a seller to convey to a buyer. Pronunciation: \ˈjen-rəl, ˈje-nə-\ \ˈwȯr-ən-tē, ˈwär-\\ˈdēd\ Used in a Sentence: We were issued a general warranty deed at th..
Definition: A federal agency that is part of the Department of Housing and Urban Development (HUD). Ginnie Mae provides low-cost mortgages to traditionally underserved sectors of the housing market. Pronunciation: Used in a Sentence: Our VA loan was guaranteed by G..
Definition: the value of an established business property compared with the value and assets of a concern whose business is not yet established. Pronunciation: Used in a Sentence: The restaurant had a high going-concern value because they had been in business for over..
Definition: a promise that cannot be measured in terms of money, such as love and affection Pronunciation: \kən-ˌsi-də-ˈrā-shən\ Used in a Se..
Definition: a party’s honest intent to transact business, free from any intent to defraud the other party. Pronunciation: Used in a Sentence: The potential buyer submitted a good faith offer on the..
Definition: A preliminary accounting of expected closing costs. Pronunciation: Used in a Sentence: The good faith estimate detailed all of the costs we would incur upon closing on the..