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Words per minute is a common metric for assessing reading speed and is often used in the context of remedial skills evaluation, as well as in the context of speed reading, where it is a controversial measure of reading performance. A word in this context is the same as in the context of speech. Research done in 2012 [9] measured the speed at ...
Cloud on title. In United States property law, a cloud on title or title defect is any irregularity in the chain of title of property (usually real property) that would give a reasonable person pause before accepting a conveyance of title. According to Investopedia, a cloud can be defined as: "Any document, claim, unreleased lien or encumbrance ...
Estates of the realm. A 13th-century French representation of the tripartite social order of the Middle Ages – Oratores ("those who pray"), Bellatores ("those who fight"), and Laboratores ("those who work"). 15th-century French artwork depicting the Three Estates, with King Charles VII at centre. Satire of the three estates from 1789; the ...
As with any industry, there are real estate definitions (homestead, quit-claim) and a set of acronyms (DOM, CMA) that might seem a bit Real Estate Definitions Every Seller Should Know Skip to main ...
Habendum clause. A habendum clause is a clause in a deed or lease that defines the type of interest and rights to be enjoyed by the grantee or lessee. In a deed, a habendum clause usually begins with the words "to have and to hold". This phrase is the translation of the Latin habendum et tenendum that historically commenced these clauses in deeds.
Net effective rent. Net Effective Rent, sometimes Net Effective Rate, or NER for short, is a measure of the expected income from a tenant, seen mostly in commercial real estate. It is the net present value of all the rental payments over the period of the lease, as well as any abatements or incentives that might add to or lower these payments.
Real or very much something. "He's a proper hero" (US: "He's a real hero") provisional licence, provisional driving licence a licence for a learner driver, who has not yet passed a driving test (US: learner's permit) prozzie, (occasionally prozzer) a prostitute (US: hooker) pub short for public house (US: bar) publican the landlord of a public ...
Real estate or realty is the combination of land and improvements to the land. Property taxes are usually charged on a recurrent basis (e.g., yearly). A common type of property tax is an annual charge on the ownership of real estate, where the tax base is the estimated value of the property.