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Documentary price: A statutory Colorado tax of one cent per one hundred dollars (sale value x0001) of consideration paid by an individual recording an instrument of conveyance with a county clerk and recorder. Due-on-sale clause: A provision in a mortgage or trust deed which allows the lender to name a promissory word due and payable in full immediately Gushing Girls upon the sale or transfer of a secured property; allows a lender to raise the rate of interest or power other adjustments in terms upon assumption of the mortgage. Landlord agent: A dealer engaged by and representing a landlord as an agent in a leasing transaction.
Gross revenue multiplier: A quantity used within the income approach to value used to compare potential desirability of income properties, and calculated by dividing gross sales value by gross annual earnings. Floor water: A pervious formation with sides and bottom of relatively impervious materials, through which ground water is held or retained; also known as subsurface water basin. Joint tenancy:A sort of co-possession of real property that includes a right of survivorship and 4 unities (time, title, curiosity and possession).
The Wisconsin real estate program—ranked number one—beat out effectively-revered programs at the College of Pennsylvania (Wharton) and the University of California-Berkley (Haas) for the top spot. Abdullah Yavas, chair of the Division of Real Property and City Land Economics, was grateful to hear the onerous work of the division had come full circle.
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