Dictionary

Cost

Definition: The amount to produce or acquire something. Pronunciation: Used in a Sentence:  The cost to rebuild the structure was too high to consider.

Corporation Sole

Definition:  An artificial or made up person formed by an ecclesiastical body. Pronunciation: \ˌkȯr-pə-ˈrā-shən\ \ˈsōl\ Used in a Sentence:   A corporation sole cannot be registered as a real estate broker.

Corporation

Definition: An artificial or made-up person formed to conduct specified types of business activities. Pronunciation: \ˌkȯr-pə-ˈrā-shən\ Used in a Sentence:   The group decided to form a corporation to carry out their business...

Corner

Definition:  A lot bounded with intersecting streets on two sides. Pronunciation:  \ˈkȯr-nər\ Used in a Sentence:   We chose the corner lot because it had more property.

Co-ownership

Definition:  Title to real property held by two or more persons at the same time.  Also called concurrent ownership or multiple ownership. Pronunciation:  \ˈkō-ō-nər-ˌship\ Used in a Sentence:  Mary and Jim had...

Cooperative (co-op)

Definition: A multiunit project consisting of individual dwelling units owned by the corporation.  The individual apartment tenants own stock in the corporation rather than owning their respective units. Pronunciation: \kō-ˈä-p(ə-)rə-tiv, -ˈä-pə-ˌrā-\ Used...