Realty Executives, The Executive Team, Inc.
118 Lamar Blvd #10, Hattiesburg, MS 39402, USA
8J94+FJ Hattiesburg, Mississippi, USA
http://www.hattiesburghouses.com
+1 601-268-1600
ASSESSED VALUATION - The value of real residence as founded through the condition governing administration for uses of computing real residence taxes.
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REALTOR - A registered word which can only be employed by an active real estate broker who is a member with the point out and local real estate board affiliated Along with the National Affiliation of Realtors.
Prepared UNIT Progress (PUD) - A modern notion in housing built to deliver a superior density of dwellings and optimum utilization of open spaces.
CUL DE SAC - A Road which can be open up at one conclusion only, and which generally includes a circular turnaround; a blind alley.
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Guarantee DEED - A deed during which the grantor entirely warrants great very clear title into the premises. Also known as a standard guarantee deed.
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Private House - Items that happen to be tangible and moveable; home which isn't try this site categorised as real assets; chattels; personalty.
RENTAL POOL - A rental arrangement whereby participating owners of rental apartments agree to have their condominium models accessible for rental as determined by the rental agent, and after that share within the profits and losses of many of the rental apartments in the pool according to an agreed system.
ACCELERATED DEPRECIATION - A technique additional resources of calculating the depreciation of specified residence (that property which can be Utilized in a trade or business, or that is held for your production of profits) at a quicker charge than can be obtained from utilizing the straight line technique of depreciation.
PARTICIPATION MORTGAGE - A mortgage where the lender participates inside the money on the mortgaged undertaking past a hard and fast return, or receives a produce over the financial loan As well as the straight fascination rate.