Career Resource Center Archive


X

Monday, October 23rd, 2006
X – An individual who cannot write may execute a legal document by affixing an “X” – his or her mark – where the signature normally goes and a witness would write the person’s name beneath the mark and then sign his or her own name. ...
more


W

Monday, October 23rd, 2006
Wainscoting – The wooden lining of an interior wall and also the lower part of a wall when it is finished different than the upper wall. ...
more


V

Monday, October 23rd, 2006
VA – See Veterans’ Administration. ...
more


U

Monday, October 23rd, 2006
Ultra vires activities – The actions of a corporation done beyond the powers granted in its charter that could lead to a lawsuit by its shareholders. ...
more


T

Monday, October 23rd, 2006
Tacking – The adding together of successive periods of adverse possession of parties in privity with each other in order to create one continuous adverse possession to meet the legal time requirement to establish title. ...
more


S

Monday, October 23rd, 2006
Safe rate – The rate of interest paid on government bonds, utility bonds or bank savings which holds mimimal chance of loss. ...
more


R

Monday, October 23rd, 2006
Race notice – The concept used in recordation of a property wherein the first party to register the property becomes the recognized owner. ...
more


Q

Monday, October 23rd, 2006
Quadrangle – A square-shaped land area used in the government survey system method of land description that is 24 miles on each side and contains 16 townships. See United States Government Survey System. ...
more


P

Monday, October 23rd, 2006
Package loan – A type of mortgage used in home financing that is inclusive and covers the real property and the improvements as well as any movable mechanical or electrical equipment. ...
more


O

Monday, October 23rd, 2006
Objective value – The value used in the income and market data approaches of appraisal that can be easily determined using data directly from the market. ...
more


© RISMedia 2009. All Rights Reserved