Taxation at Real Estate Glossary

What is it? 1. The process by which a government or municipal quasi-public body raises monies to fund its operation. 2. The impact an investment has on the investors liability for the payment of federal, state, and local taxes.

Real Estate Definition Added By: Tristan

Send To Friends!

If you'd like to send the Taxation 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 Taxation. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Real Estate Terms:

Real Estate Term Environmental Hazards Disclosure is By California law (AB 983) a real estate agent or owner is required to inform prospective buyers of environmental hazards located on a residental property.

Real Estate Term Statement Of Information is Also called a Statement of Identity. Statements provided to the escrow agent verifying pertinent data identifying the grantor, grantee, or borrower.

Real Estate Term Trip Hazard is Any situation where there is an increased likelihood of tripping (e.g. stairs that do not have a uniform tread or riser height all the way along the stairs).

Real Estate Term Column footing is The support base for a load-bearing column. The footing is usually made of reinforced concrete.

Real Estate Term The 72-hour clause is When a buyer has a house to sell before they can purchase another home, most sellers insist on a 72-hour clause. In the event of a better offer coming in before the contingency is settled, this clause entitles the seller to give the buyer 72 hours to remove the contingency or lose the house.