Real estate Statement An appropriate document developed by a secure surveyor you to clearly illustrates the new limitations out of a property and also the location away from improvements for the land prior to the new limitations. Likewise, it may incorporate a beneficial surveyor’s opinion or inquiries from these materials.
REALTOR A registered trademark of your Canadian Real estate Relationship (CREA). Real estate professionals commonly expected to end up being members of its local panel, although not only property professionals who was members of the regional a house panel is actually subscribed to use the fresh new Realtor label.
Reckless Misrepresentation A bogus or misleading statement made by a man just who as they had no purpose so you’re able to mislead anybody don’t grab the sensible actions to confirm this new statement’s truthfulness or precision. A 3rd party could possibly get believe in new misrepresentation so you’re able to their otherwise their prospective or actual detriment.
Reconciliation The process for which a real property appraiser assesses, decides and you may picks from among a couple of option conclusions otherwise signs to reach an individual address (i.age. last value guess).
Recreation Agreement A created offer entered towards by the a condo company to allow a proprietor to use amusement business maybe not situated on the average property or low-customers to use recreation establishment located on the well-known property.
