Real estate exam flstuvia Study guides, Class notes & Summaries

Absentee Owner - ANSWER A property owner who does not reside on the property and who usually relies on a property manager to oversee the investment Abstract of Title - ANSWER A compilation of the recorded documents relating to a parcel of land from which an attorney may give an opinion as to the condition of title (a history of title) Acceleration Clause - ANSWER A condition in a loan contract that permits the lender to require immediate repayment of the entire loan balance of the loan if ...