Saturday, April 27, 2024, 6:11 PM
Site: America's Real Estate Academy, Inc.
Course: America's Real Estate Academy, Inc. (AREA)
Glossary: Real Estate Glossary
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Superfund Amendments and Reauthorization Act (SARA)This focuses on the cleanup of releases or hazardous substances on property. This also creates legal exposure based on liability for owners, landlords, and, sometimes, lenders. |
supply and demandThe principle of supply and demand merely expresses the affect on price of changes in supply and demand. All things being equal, as the supply of real estate increases, prices will fall. Conversely, as demand increases, prices will rise. |
surety bondscover a business for losses as a result of criminal activity of its employees when conducting tasks for the business. |
surface rightownership rights in real estate that is limited to the surface of the property and does not include the air above (air rights) or the minerals below (mineral rights) the surface. |
survivabilityparts of a contract that survive past the transaction Examples:
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