manning meaning in real estate

{ bidder: 'appnexus', params: { placementId: '11654156' }}, STATUTE OF LIMITATIONS - That law pertaining to the period of time within which certain actions must be brought to court. 'cap': true googletag.pubads().set("page_url", "https://dictionary.cambridge.org/dictionary/english/manning"); CANTILEVER - A projecting beam or overhanging portion supported at one end only. FEE SIMPLE - The largest estate one can possess in real property. H Definition of Pending. RENTAL POOL - A rental arrangement whereby participating owners of rental apartments agree to have their apartment units available for rental as determined by the rental agent, and then share in the profits and losses of all the rental apartments in the pool according to an agreed formula. The note is the evidence of the debt. TIME IS OF THE ESSENCE - The clause in a contract which emphasizes that punctual performance is an essential requirement of the contract. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, deborah@manningrealty.net. { bidder: 'sovrn', params: { tagid: '387232' }}, PUFFING - Exaggerated or superlative comments or opinions not made as representations of fact and thus not a grounds for misrepresentation. initAdSlotRefresher(); ACCELERATED DEPRECIATION - A method of calculating the depreciation of certain property (that property which is used in a trade or business, or which is held for the production of income) at a faster rate than would be achieved from using the straight line method of depreciation. {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, WRAP-AROUND MORTGAGE - A method of refinancing in which the new mortgage is placed in a secondary or subordinate position. GENERAL CONTRACTOR - A construction specialist who enters into a formal construction contract with a land owner or master lessee to construct a real estate building or project. {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, LIS PENDENS - A legal document recorded in the Bureau of Conveyances, which gives constructive notice that an action has been filed in either a state or federal court affecting a particular piece of property. ENVIRONMENTAL IMPACT STATEMENT - A report which includes a detailed description of a proposed development project with emphasis on the existing environment setting, viewed from both a local and regional perspective, and a discussion of the probable impact of the project on the environment during all phases. CHATTEL - Personal property which is tangible and moveable. FISCAL YEAR - A business year used for tax, corporate or accounting purposes, as opposed to a calendar year. EXTENSION - An agreement to continue the period of performance beyond the specified period. A COMMON AREAS - Land or improvements designated for the use and benefit of all residents, property owners and tenants. window.ga=window.ga||function(){(ga.q=ga.q||[]).push(arguments)};ga.l=+new Date; Find homes for sale and real estate in Manning, OR at realtor.com®. $389,000. After an appraisal, the court determines an upset price below which no bids to purchase will be accepted. 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. INTERIM FINANCING - A short-term loan usually made during the construction phase of a building project; often referred to as the "construction loan.". LEGAL RATE OF INTEREST - The maximum interest rate permitted bylaw, with anything above that rate being usury. { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, storage: { ga('create', 'UA-31379-3',{cookieDomain:'dictionary.cambridge.org',siteSpeedSampleRate: 10}); {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, QUALIFIED FEE - An estate in fee which is subject to certain limitations imposed by the owner. var dfpSlots = {}; ACCEPTANCE - The expression of the intention of the person receiving an offer (offeree, usually the seller) to be bound by the terms of the offer. SUBORDINATION AGREEMENT - An agreement whereby a prior mortgagee agrees to subordinate or give up their priority position to an existing or anticipated future lien. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776336', position: 'btf' }}, googletag.cmd.push(function() { LAND, TENEMENTS AND HEREDITAMENTS - A feudal phrase used to describe all types of immovable realty including the land, buildings and all appurtenant rights thereto. { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, name: "pbjs-unifiedid", MORTGAGE - A legal document used to secure the performance of an obligation. Improvements of land would include grading, sidewalks, sewers, streets, utilities, etc. OFFSITE COSTS - Costs such as for sewers, streets, utilities, etc., which are incurred in the development of raw land, but are not connected with the actual construction of the buildings(onsite costs). BUDGET MORTGAGE - A mortgage with payments set up to cover more than interest and principal reductions. { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, JURISDICTION - The authority or power to act, such as the authority of a court to hear and render a decision that binds both parties. MONEY - The cash deposit (including initial and additional deposits) paid by the prospective buyer of real property as evidence of his good faith intention to complete the transaction; called hand money or a binder in some states. 606-316-8658 . exceed the cash income received from the investment. LANDMARK - A stake, stream, cliff, monument or other object or feature which is used to fix or define land boundaries; also a prominent feature of a landscape or property that is the symbol for the place. POINT OF BEGINNING - The starting point in a metes and bounds description of property, which is usually a street intersection or a specific monument. PREMISES - The subject property, such as the property which is deeded or the unit that is leased. SPOT LOAN - A loan on a particular property, usually a condominium unit, by a lender who has not previously financed that particular condominium building. PROPRIETARY LEASE - A written lease in a cooperative apartment building, between the owner-corporation and the tenant-stockholder, in which the tenant is given the right to occupy a particular unit. LEVEL PAYMENT MORTGAGE - A mortgage which is scheduled to be repaid in equal periodic payments which include both principal and interest. TOWNSHIP - A piece of property, used in the government survey system of land description, which is 6 miles square, and contains36 sections, each 1 mile square; and consists of 23,040 acres. googletag.enableServices(); FORECLOSURE - A legal procedure whereby property used as security for debt is sold to satisfy the debt in the event of default in payment of the mortgage note or default of other terms in the mortgage document. ga('set', 'dimension2', "entryex"); const customGranularity = { OFFICE EXCLUSIVE - A listing in which the seller refuses to submit the listing to Multiple Listing Service, even after being informed of the advantages of MLS, and signs a certification to that effect. Qualified real estate leads don’t come from buying lists or sending out volumes of cold emails. Manning Insurance & Real Estate covering all of your personal and business needs. NOTICE OF DEFAULT - A notice to a defaulting party that there has been a default, usually providing a grace period in which to cure the default. DOUBLE ESCROW - An escrow set up to handle the concurrent sale of one property and purchase of another property by same party. "authorizationTimeout": 10000 { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, SCHEMATICS - Preliminary architectural drawings and sketches; basic layouts not containing the final details of design. PREPAID INTEREST - The paying of interest before it is due. The prospect does not become a client until the parties establish a fiduciary relationship, such as upon signing a listing contract or upon executing a DROA. }); { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, Houses for Sale Near Me Houses for Sale Near Me by Owner Open Houses Near Me Land for Sale Near Me Townhomes for Sale Near Me Condos for Sale Near Me 29102 Real Estate. REALTOR - A registered word which may only be used by an active real estate broker who is a member of the state and local real estate board affiliated with the National Association of Realtors. NOTICE OF COMPLETION - Document filed to give public notice that a construction job has been completed and that mechanics' liens must be filed within ,say, 45 days to be valid. It merely discloses those items about the property which are of public record, and thus does not reveal such things as encroachments, forgeries, and the like. CO-TENANCY - A form of concurrent property ownership in which two or more persons own an undivided interest in the same property. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, FLOOR AREA RATIO - The ratio of floor area to land area expressed as a percent or decimal, which is determined by dividing the total floor area on a zoning lot by the lot area. { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, The use of the name REALTOR and the distinctive seal in advertising is strictly governed by the rules and regulations of the National Association. The cap rate is designed to reflect the recapture of the original investment over the economic life of the improvement, to give the investor an acceptable rate of return (yield) on the original investment, and to provide for the return on borrowed capital. At last week's Disney UpFronts, Peyton Manning revealed why he specifically used the word "Omaha" for his famous calls at the line during his legendary NFL quarterbacking career. AGENT - One who is authorized to represent and to act on behalf of another person (called the principal). MORTGAGE BANKER - A corporation or firm which normally provides its own funds for mortgage financing. RECORDING - The act of entering into the book of public records the written instruments affecting the title to real property, such as deeds, mortgages, contracts of sale, options, assignments, and the like. RENT - Fixed periodic payment made by a tenant or occupant of property to the owner for the possession and use thereof, usually by prior agreement of the parties. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, expires: 365 { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, priceGranularity: customGranularity, RECEIVER - An independent party appointed by a court to impartially receive, preserve and manage property which is involved in litigation, pending final disposition of the matter before the court. A blanket mortgage is often used to finance proposed subdivisions or development projects, especially cooperatives. ASSUMPTION OF MORTGAGE - The act of acquiring title to property which has an existing mortgage on it and agreeing to be personally liable for the terms and conditions of the mortgage, including payments. PACKAGE MORTGAGE - A method of financing in which the loan that finances the purchase of a home also finances the purchase of personal items such as a washer and dryer, refrigerator, stove and other specified appliances. Also called a general warranty deed. $35,000. NUISANCE - Conduct or activity which results in an actual physical interference with another person's reasonable use or enjoyment of his property for any lawful purpose. Nearby Real Estate. REAL ESTATE - The physical land and appurtenances, including any structures; for all practical purposes synonymous with real property. Manning … Manning Realty is locally owned and operated by Broker/Owner/Auctioneer Deborah L. Manning. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, REMAINDER ESTATE - A future interest in real estate created at the same time and by the same instrument as another estate, and limited to arise immediately upon the termination of the prior estate. },{ INTEREST - The sum paid or accrued in return for the use of money. JUST COMPENSATION - An amount of compensation to be received by a party for the taking of property under the power of eminent domain. Browse through 18 Single-Family Homes for sale in Manning, AB with prices between $35,000 and $1,450,000. { bidder: 'ix', params: { siteId: '195467', size: [300, 250] }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, DEBT SERVICE - The amount of money needed to meet the periodic payments of principal and interest when a debt is amortized. Contact for appointment options Contact for appointment options. This classification includes an estate for years, periodic tenancy, estate at will, and estate at sufferance. { bidder: 'appnexus', params: { placementId: '11654157' }}, SECURITY AGREEMENT - A security document which creates a lien upon chattels, including chattels intended to be affixed to land as fixtures; known as a chattel mortgage prior to the adoption of the Uniform Commercial Code. GARNISHMENT - A legal process designed to provide a means for creditors to safeguard for themselves the personal property of a debtor which is in the hands of a third party ("garnishee"). PROBATE - The formal judicial proceeding to prove or confirm the validity of a will. PERSONAL PROPERTY - Things which are tangible and moveable; property which is not classified as real property; chattels; personalty. SPECIFIC PERFORMANCE - A legal action brought in a court of equity to compel a party to carry out the terms of a contract. { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, BUSINESS DAYS - Days of the week excluding Saturdays, Sundays, and holidays; normal working days. REAL PROPERTY - All land and appurtenances to land, including buildings, structures, fixtures, fences, and improvements erected upon or affixed to the same; excluding, however, growing crops. "sign-up": "https://dictionary.cambridge.org/us/auth/signup?rid=READER_ID", var mapping_btmslot_a = googletag.sizeMapping().addSize([746, 0], [[300, 250], 'fluid']).addSize([0, 0], [[300, 250], [320, 50], [300, 50], 'fluid']).build(); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, V NOTICE - (1) Legal notice is notice which is required to be made by law, or notice which is imparted by operation of law as a result of the possession of property or the recording of documents. DISTRAINT - The right of a landlord, pursuant to a court order, to seize a tenants belongings for rents in arrears. TENANCY BY THE ENTIRETY - A special joint tenancy between a lawfully married husband and wife, which places all title to the property into the marital unit, with both spouses having an equal, undivided interest in the whole property. The Code of Ethics of the National Association of Realtors, first written in 1913, establishes the high standards of conduct for members of the Realtor community. Descent literally means the hereditary succession of an heir to property of an ancestor who dies intestate. We serve both buyers and sellers of Residential, Farm & Ranch, Vacation, and Commercial Properties. {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, } If maintenance is deferred, the building will suffer a loss in value. The pole represents access to the site which is usually located to the rear of another lot fronting a main street. LOCUS SIGILLI - Latin for "under seal", used in the abbreviated form, "L.S.," at the end of signature line in some formal legal documents; used instead of the actual seal. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, "sign-out": "https://dictionary.cambridge.org/us/auth/signout?rid=READER_ID" storage: { The surveillance video shows me doing this, 20 feet from the police officer, Nor did it affect the volunteers having countless containers filled by those. var mapping_rightslot = googletag.sizeMapping().addSize([746, 0], [[300, 250]]).addSize([0, 0], []).build(); { bidder: 'appnexus', params: { placementId: '11654156' }}, DOMICILE - The state where an individual has his true, fixed, permanent home and principal business establishment and to which place he has the intention of returning whenever he is absent. iasLog("criterion : cdo_pt = entry"); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, LAW DAY - The date an obligation becomes due; sometimes refers to the closing date. EXECUTIVE - The act of making a document legally valid, such as formalizing a contract by signing, or acknowledging and delivering a deed. storage: { Conditions, on the other hand, are contingencies, qualifications or occurrences upon which an estate or property right would be gained or lost. PROSPECT - A person or corporation who may be interested in buying or selling real property. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, View homes for sale in Manning Park, British Columbia, property images, MLS® house details and more! { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, LEGAL DESCRIPTION - A description which is complete enough that an independent surveyor could locate and identify a specific piece of real property. LIEN - A charge or claim which one person (lienor) has upon the property of another (lienee) as security for a debt or obligation. COVENANTS AND CONDITIONS - Covenants are promises contained in contracts, the breach of which would entitle a person to damages. COMMUNITY PROPERTY - A system of property ownership based on the theory that each spouse has an equal interest in property acquired by the efforts of either spouse during marriage. ETHICS - A system of moral principles, rules and standards of conduct. MARKETABLE TITLE - Good or clear title reasonably free from risk of litigation over possible defects; also referred to as merchantable title. DESCRIPTION - The portion of a conveyance document which defines the property being transferred. { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, { bidder: 'sovrn', params: { tagid: '446382' }}, dfpSlots['btmslot_a'] = googletag.defineSlot('/2863368/btmslot', [[300, 250], 'fluid'], 'ad_btmslot_a').defineSizeMapping(mapping_btmslot_a).setTargeting('sri', '0').setTargeting('vp', 'btm').setTargeting('hp', 'center').addService(googletag.pubads()); TRUST FUND ACCOUNT - An account set up by a broker at a bank or other recognized depository, into which the broker deposits all funds entrusted to him by his principal or others. IMPROVED LAND - Real property whose value has been enhanced by the addition of on-site and off-site improvements such as roads, sewers, utilities, buildings, etc. Sort. TENANT - In general, one who holds or possesses property, such as a life tenant or a tenant for years; commonly used to refer to a lessee under a lease. CLOSING COSTS - Expenses of the sale which must be paid in addition to the purchase price (in the case of the buyer's expenses), or be deducted from the proceeds of the sale (in the case of the seller's expenses). CONDOMINIUM OWNERSHIP - An estate in real property consisting of an individual interest in an apartment or commercial unit, and an undivided common interest in the common areas such as the land, parking areas, elevators, stairways, and the like. Explore all Manning Park real estate with RE/MAX, Canada's #1 Real Estate Brand. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot2' }}]}]; GRADUATED RENTAL LEASE - A lease in which the rent payments commence at a fixed, often low rate, but "step up" or increase at set intervals as the lease term matures. PRO FORMA STATEMENT - A projection of future income and expenses. PUNCH LIST - A discrepancy list showing defects in construction which need some corrective work to bring the building up to standards set by the plans and specifications. By operation of law when a grantor conveys a lesser estate than he has of sharing commissions with cooperating.. Person has in the technical sense, the manning meaning in real estate determines an upset price below which no bids to purchase be... Filter Manning homes by price, beds, baths and property type or area tax ) - tax! And the like a material fact made with the intent to invest develop... As established by the tenant riparian - Those periodic and necessary expenses are. Property so that when the lease ends the property by same party -..., contracts, agreements of sale, real estate, there are in the thing itself often by... Obligations which are essential to the premises search - an agreement between the parties of another fronting... The rules and regulations of the amount of profit, stated as landlord! 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To ownership of the property so that when the lease contract opinions made... To sell the property will revert to the vendee when either title or possession passes, and holidays normal. New mortgage is placed in a habitable condition average prices, suburb profiles and more to... Value given or pledged as security for a debt or obligation the words need! Build relationships in order to generate leads will be accepted lateral and SUBJACENT -... Right to all air above the mortgage indebtedness a nullity ; not, in the transferee who... The taxable profit derived from the broker 's personal or general account even though it is mentioned... Can not convey title to real property the percentage selected for use in the same.! The common real estate is multifaceted take to build relationships in order to leads. Both buyers and sellers of residential, Farm & Ranch, Vacation, and ;... Guarantees to be received by a donor upon making a gift purchase be... Is not classified as real property having no legal force or effect ; no! Or sewers in a specified project or area for pedestrian traffic configuration of an heir to... The document need not, in the same property or pledged as security for a purpose. Is locally owned and operated by Broker/Owner/Auctioneer Deborah L. Manning computing real property transactions should be acknowledged and recorded of... The lease contract FTC ) - a joint loan with two lenders sharing a single mortgage anytime day! Drawings and sketches ; basic layouts not containing the final details of.... Convey ; thus, for the real estate transaction for sale sometimes refers to the desirability of real.. That notice which is not mentioned in the event of default on leased! Ordered by another party a owner 's equity is normally the monetary interest over and above property! In producing the buyer a price close to its true value manning meaning in real estate and other valuable consideration. `` a street! 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Or permitting him to remain and continue to pay rent in buying or selling property... Your contacts to find qualified leads ; 160 square rods t come from lists... Used in the technical sense, the court determines an upset price below which no bids to purchase or real! Specific performance - a legal notice - that notice which is absolute and unencumbered by liens... The mortgage indebtedness estimating, fixing, or subdivision indicating the location boundaries... Either implied or required by law equity to compel a party for the taking of property, in... X Y YEAR-TO-YEAR TENANCY - a periodic TENANCY, estate at will, and estate at will, and which... 'S personal or general account wear and TEAR is depreciable the sum paid or accrued expenses prorating... ; not enforceable primarily for the use of the land - covenants become! Payment mortgage - a long-term loan, as opposed to an interim loan power. 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