Real estate Declaration A legal file created by a secure surveyor one to demonstrably illustrates this new boundaries out-of property therefore the place off improvements for the belongings relative to the brand new limits. Likewise, it may include a good surveyor’s view otherwise questions away from these products.
REALTOR® A subscribed signature of Canadian Home Relationship (CREA). Realtors commonly required to be people in their regional board, although not only real home professionals who was members of its regional a property board try subscribed to make use of this new Realtor® term.
Reckless Misrepresentation An incorrect otherwise misleading statement made by men who as they had no intent so you’re able to misguide someone failed to use the realistic tips to confirm the latest statement’s truthfulness or reliability. An authorized get have confidence in the fresh misrepresentation so you’re able to his or her possible otherwise actual detriment.
Reconciliation The procedure in which a real property appraiser assesses, decides and you may chooses from certainly one of two or more option findings or symptoms to arrive just one answer (we.age. last well worth imagine).
Entertainment Contract An authored deal joined into from the a good condo firm to allow a proprietor to utilize relaxation place not situated on an average assets otherwise low-owners to use leisure place located on the common possessions.
What’s more, it depicts other problems affecting the house or property, for example legal rights-of-ways, easements, encroachments, etc
Leisure Condo A great condominium you to definitely include gadgets you to definitely owners and you may/or occupants check out periodically once the a week-end otherwise vacation destination.
Refinance The method for which a borrower aims to produce an enthusiastic established financial so you can expose a different sort of one to. Particular factors you to a debtor may think refinancing a mortgage tend to be obtaining a far greater speed, benefitting out of additional mortgage benefits, or sense ideal service otherwise deeper comfort.
Registered Dimensions A floor space regarding an excellent tool contained in this good condo because the detailed on the Plan off Product Things and you may Device Areas towards a great Condominium Package. And the over surface area contained in the tool, the inserted dimensions vary from many elements, such as a basement, driveway, vehicle parking appears or storage area.
Rehab Brand new repair out-of a home to meet up conditions in place of altering the program, mode, otherwise particular a design. During the urban restoration, new repair to help you good condition of deteriorated structures, area, and public facilities. Society treatment may expand to help you roadway developments as well as the provision away from such as amenities due to the fact parks and you may playgrounds.
Relax Equipment In a hardly blended condominium, a tool including elements for usage of the unit owners that is actually owned by the brand new condominium corporation that is responsible for the worry and you can fix https://paydayloancolorado.net/poncha-springs/.
Remediation Measures to minimize pollution to a level that doesn’t hurt or destroy the environmental surroundings, human health otherwise defense or assets.
The method normally involves the debtor spending the existing mortgage, together with one legal states contrary to the assets and you will one relevant payout punishment considering the early discharge
Remediation Certification A program produced by Alberta Environment and you will Areas so you’re able to enable the removal off contaminated assets. A removal certification is meant to promote assurance you to appropriate steps were used so you can tidy up toxic contamination. A removal certification simply applies to the aspects of toxic contamination that has been remediated, perhaps not a complete possessions.
Remuneration The new settlement (age.gmission, merchandise, almost every other professionals) obtained by broker having services made to help you an event (elizabeth.g. customer, client). Get a hold of in addition to Payment.
Rent The newest monetary compensation paid so you’re able to a property owner with the brief explore and you can/otherwise field out-of home by the a renter. See also Property owner.
Rental Arrangement A created agreement anywhere between an owner (landlord) and you can a renter around that your holder allows the renter the best out of personal use of the assets to possess a selected big date, rent and you may terminology. Look for together with Landlord and you will Renter.
