License at Real Estate Glossary
What is it? 1. A privilege or right granted to a person by a state to operate as a real estate broker or salesperson. 2. The revocable permission for a temporary use of landa personal right that cannot be sold.Real Estate Definition Added By: Aiden
The License definition has been viewed 459 Time(s)!
Send To Friends!
If you'd like to send the License definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of License. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Real Estate Terms:
Real Estate Term Column is A slender upright structure that consists of a base, a round or square shaft and a capital.Real Estate Term Homeowners Insurance Policy is A standardized package insurance policy that covers a residential real estate owner against financial loss from fire, theft, public liability and other common risks. (See basic form homeowners policy and broad form homeowners policy)
Real Estate Term Real Estate Commissioner is The Real Estate Commissioner is appointed by the governor and serves at the governors discretion. The commissioner determines administrative policy and enforces that policy in the best interests of those dealing with real estate licensees. The person sel
Real Estate Term Stare Decisis is The reliance of courts on previous decisions when judging disputes. (See common law)
Real Estate Term Condemnation is A judicial or administrative proceeding to exercise the power of eminent domain, through which a government agency takes private property for public use and compensates the owner. (See eminent domain).