Definition: Federal and state laws designed to maintain and preserve business competition. Pronunciation: Used in a Sentence: Antitrust laws prohibited the two companies fro..
Definition: A request to a recognized authority for a decision or judgement. Pronunciation: \ə-ˈpēl Used in a Sentence: My lawyer said the court’s decision wasn’t correct and that we should file for ..
Definition: Someone who formally applies for something. Pronunciation: \ˈa-pli-kənt Used in a Sentence: We interviewed the applicant fo..
Definition: The act of estimating an opinion of property value. Pronunciation: əˈprāzəl Used in a Sentence: We are having an appraisal done to see if the property is really worth what..
Definition: The estimated worth of a property established by someone qualified in valuation. Pronunciation: \ə-ˈprāz-ed Used in a Sentence: The appraised value of the property came in higher than..
Definition: Someone who estimates value Pronunciation: əˈpreɪzə(r) Used in a Sentence: The appraiser is going to estimate what we our house..
Definition: An increase in value. Pronunciation: \ə-ˌprē-shē-ˈā-shən Used in a Sentence: The change in the market caused an appreciation in the value of the..
Definition: The hearing and determination of a case in controversy by a third party. Pronunciation: är-bə-ˈtrā-shən Used in a Sentence: The dispute between the two brokers was settled by ar..
Definition: The state of being behind in the discharge of an obligation: paid at the end of the period for which something is due. Pronunciation: \ə-ˈrirz Used in a Sentence: The real estate taxes on the property are paid in arrea..
Definition: The joining of two or more connecting properties into one tract. Pronunciation: \ə-ˈsem-blij Used in a..