Dictionary

Real Estate

Definition:   land, including the air above and the earth below, plus any permanent improvements affecting the utility of the land; property that is not personal property Pronunciation: Used in a...

Ready, Willing And Able

Definition:   a phrase referring to a prospective buyer of property who is legally capable and willing and financially able to consummate the transaction Pronunciation: Used in a Sentence:   The broker...

Range Lines

Definition:   the surveyed north-south lines running every six miles east and west of the principal meridian Pronunciation:   \ˈrānj\ Used in a Sentence:   To create the grid system, surveyors established vertical...

Range

Definition:   a measurement, used in the government survey system,  consisting of a vertical strip of land six miles wide located between two range lines Pronunciation:   \ˈrānj\ Used in a Sentence: ...

Quorum

Definition:   the legal minimum number of people required to be present before a specified meeting can take place Pronunciation:   \ˈkwȯr-əm\ Used in a Sentence:   A quorum of four members must...

Quitclaim Deed

Definition:   a type of deed that will effectively convey any present interest, claim or title to real property that the seller may own Pronunciation:   \ˈkwit-ˌklām\ \ˈdēd\ Used in a Sentence:   I...