A small valley

Bank or wall built across a stream or river to hold back water

An IRS designation for a person who regularly buys and sells real property

The amount of money needed to meet the periodic payments of principal and interest when a debt is amortized

Equal to the total liabilities of a company or business divided by the total amount of equity owned by its shareholders; a measure of the financial leverage of a business, usually determined from the previous fiscal year's financial statements. The debt-equity ratio identifies the portion of a company's assets that are financed through debt rather than shareholders' equity; a debt to equity ratio greater than 1 means that a larger proportion of assets are financed through debt, which may indicate a riskier investment.

A deceased person.

A statement of all the covenants, conditions and restrictions (CC&R's) which affect a parcel of land

The application of privately owned land to the public for no consideration, with the intent that the land will be accepted and used for public purposes

1. The process of moving from general evidence, principles, or nonobservable explanations to specific observable actions, consequences, or conclusions. 2. In the scientific method, deductive reasoning is used to determine the specific observations, measurements, or other data that will either support or contradict the research hypothesis.

1. The process of moving from general evidence, principles, or nonobservable explanations to specific observable actions, consequences, or conclusions. 2. In the scientific method, deductive reasoning is used to determine the specific observations, measurements, or other data that will either support or contradict the research hypothesis.

A written instrument by which a property owner (grantor) transfers to a grantee ownership of and title to real property.

A legal document in which title to property is transferred to a third party trustee as security for an obligation owed by the trustor (borrower) to the beneficiary(lender)

Failure to fulfill a duty or promise or failure to perform any obligation or required act. The most common occurrence of default on the part of a buyer or lessee is non-payment of money.

That which can be voided, altered, challenged, undone, cancelled, defeated, or annulled, especially through operation of law.

Any fact, claim, lien, encumbrance, or document that is sufficiently valid to adversely affect, injure, impair, or cast doubt upon the title to a parcel of real property.

Commissions which are earned but not yet fully paid

A judgment against a borrower, endorser, or guarantor for the balance of the debt issued when the security for a loan is insufficient to satisfy the debt

Small, sheltered valley or glen, usually wooded

A deposit of sand and soil, usually triangular, that forms at the mouth of a river

Deriving little or no value from on-site facilities or amenities.

1. A term, frequently used in connection with zoning requirements, which means the maximum number of building units per acre or the number of occupants or families per unit of land area (acre, square mile, etc.). 2. The ratio of developed or improved area to total land area.

Money offered by a prospective buyer as an indication of good faith in entering into a contract to purchase; earnest money; security for the buyer's performance of a contract

A loss in value due to any cause; any condition which adversely affects the value of an improvement

For tax purposes, depreciation is an expense deduction taken for an investment in depreciable property

Tables of percentage designed to provide a uniform system of measuring the additional value to lots which accrues because of added depth, with the extra depth valued according to the added utility which it creates