Dictionary

Right-to-use

Definition:   a leasehold interest in a time-share unit based on the limited time specified in the agreement; the legal right to use or occupy a property Pronunciation: Used in a...

Right-to-use

Definition:   a leasehold interest in a time-share unit based on the limited time specified in the agreement; the legal right to use or occupy a property Pronunciation: Used in a...

Right Of Survivorship

Definition:   a legal concept whereby the surviving owners of a joint interest in real property are entitled to the interest formerly owned by one or more deceased owners without the...

Right Of Survivorship

Definition:   a legal concept whereby the surviving owners of a joint interest in real property are entitled to the interest formerly owned by one or more deceased owners without the...

Revocation

Revocation

Definition: To cancel, rescind, annul, or make void: the permanent cancellation of a person’s license. Pronunciation: \ˌre-və-ˈkā-shən\ Used in a Sentence: The most severe type of administrative penalty the FREC...

Revocation

Definition: To cancel, rescind, annul, or make void: the permanent cancellation of a person’s license. Pronunciation: \ˌre-və-ˈkā-shən\ Used in a Sentence: The most severe type of administrative penalty the FREC...

Reversion

Definition:  the returning of property to a former owner or to a person who received the right to it when the former owner died Pronunciation:   \ri-ˈvər-zhən\ Used in a Sentence:   John...

Reversion

Definition:  the returning of property to a former owner or to a person who received the right to it when the former owner died Pronunciation:   \ri-ˈvər-zhən\ Used in a Sentence:   John...

Reverse Mortgage

Definition:   a form of mortgage that enables elderly homeowners to borrow against the equity in their homes so they can receive monthly payments to help meet living expenses Pronunciation: \ri-ˈvərs\   \ˈmȯr-gij\...

Reverse Mortgage

Definition:   a form of mortgage that enables elderly homeowners to borrow against the equity in their homes so they can receive monthly payments to help meet living expenses Pronunciation: \ri-ˈvərs\   \ˈmȯr-gij\...

Restrictive Covenants

Definition:   conditions placed by developers that affect how the land can be used in an entire subdivision Pronunciation:  \ri-ˈstrik-tiv\  \ˈkəv-nənt\ Used in a Sentence:   The restrictive covenants in the development...

Restrictive Covenants

Definition:   conditions placed by developers that affect how the land can be used in an entire subdivision Pronunciation:  \ri-ˈstrik-tiv\  \ˈkəv-nənt\ Used in a Sentence:   The restrictive covenants in the development...