Real Estate Terms Glossary
Click the letter corresponding to the first letter of the word you wish to look up.
Random Real Estate License Terms
Unlawful Detainer | | An action to recover possession of real property. A lawsuit designed to evict a defaulting tenant or anyone unlawfully in possession of property from premises. It is summary in nature entitled to a priority court trial and litigates only the right to possession of property (and damages resulting therefrom). |
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Accord And Satisfaction | | The discharge of an existing contract by accepting the performance under a substitute contract. Generally consideration under the new contract is different from and of lesser value than under the original contract and satisfaction is the performance of that contract; the combination discharges the original contract. |
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ADA | | (Americans with Disabilities Act) A statute that codifies building standards and conditions for access by Americans with certain disabilities. |
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