Terms Starting with C
- Contiguous Lots — Definition,
- Pieces of real estate that are next to each other.
- Contingency — Definition,
- A condition that must be met before a property sale can be completed, such as a home inspection or mortgage approval.
- Contingent Beneficiary — Definition,
- A beneficiary who only receives his or her benefit when specific conditions have been met.
- Contingent Deferred Sales Charge (CDSC) — Acronym,
- Contingent Liability — Definition,
- A legal responsibility to pay certain sums conditional on a future event such as a law suit or court case.
- Contingent Liability Program (CLP) — Acronym,
- Contingent Preferred Stock (CPS) — Acronym,
- Contingent Valuation Method (CVM) — Acronym,
- Continued Professional Learning (CPL) — Acronym,
- Continuing Education (CE) — Acronym, Important, ➥ Many mortgage and insurance industry companies offer CE credit courses.
- Continuous Link Settlement (CLS) — Acronym,
- Continuous Net Settlement (CNS) — Acronym,
- Continuously Compounded Rate of Return (CCRR) — Acronym,
- Contract — Definition,
- An agreement between two or more parties that can be enforced by law.
- Contract Administration Services (CAS, CAR) — Acronym,
- Contract Cost-Plus-Fixed-Fee (CPFF) — Acronym,
- Contract Cost-Plus-Incentive-Fee (CPIF) — Acronym,
- Contract For Deed (CFD) — Acronym,
- An agreement for sale of property in which the buyer takes possession while making payments, but the seller holds title until full payment is made. Also called a land contract.
- Contract Holder — Definition,
- The entity that holds the rights to a obligation or debt.
- Contract Maintenance Services (CMS) — Acronym,
- Contract Service Arrangement (CSA) — Acronym,
- Contract Services (CS) — Acronym,
- Contract Support Services (CSS) — Acronym,
- Contract to Purchase — Definition,
- A document in which a property's buyer and seller approve the price and other terms of the transfer of title. Also known as an agreement of sale, a purchase contract or a sale contract.
- Contractor — Definition,
- One who constructs or oversees construction of a house or a large renovation.
- Someone that agrees to furnish materials or perform services at a specified price.
- Contractor Controlled Insurance Policy (CCIP) — Acronym,
- Contractual Liability Insurance Policy (CLIP) — Acronym,
- Contractual Lien — Definition,
- A legal claim against property as a result of a voluntary contract, such as a mortgage.
- Contributing Property — Definition,
- Buildings within a historic district are either contributing or non-contributing properties with regards to historic value.
- Contributory Negligence — Definition,
- A legal defence that can be applied if the plaintiff is at least partially responsible for a harm, and if they are found partially liable, they can be denied any compensation.
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