Cabo San Lucas
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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
A-frame design - An interior style that features a steeply peaked roofline and a ceiling that is open to the top rafters.
Accelerated cost recovery system - A tax calculation that provides greater depreciation in the early years of ownership of real estate or personal property.
Accelerated depreciation - A bookkeeping method that depreciates property faster in the early years of ownership.
Acceleration clause - A provision that gives a lender the right to collect the balance of a loan if a borrower misses a payment.
Acceptance - The seller's written approval of a buyer's offer.
Access - Any means by which a person can enter property.
Accessibility - The degree to which a building or site allows access to people with disabilities.
Accretion - The gradual addition to the shore or bank of a waterway by deposits of sand or silt.
Acknowledgment - A written declaration affirming that a person acted voluntarily.
Acre foot - The volume of material needed to cover an acre of land one foot deep.
Active solar system - A system that utilizes electric pumps or fans to transfer solar energy for storage or direct use.
Actual age - The number of years a structure has been standing.
Add-on interest - The interest a borrower pays on the principal for the duration of the loan.
Addendum - An addition or change to a contract.
Additional principal payment - Extra money included in the monthly payment to help reduce the principal and shorten the term of the loan.
Adjustable-rate mortgage (ARM) - A loan with an interest rate that is periodically adjusted to reflect changes in a specified financial index.
Adjusted cost basis - The cost of any improvements the seller makes to the property. Deducting the cost from the original sales price provides the profit or loss of a home when it is sold.
Adjustment period - The amount of time between interest rate adjustments in an adjustable-rate mortgage.
Administrator - A person given authority to manage and distribute the estate of someone who died without leaving a will.
Administrator's deed - A legal document that an administrator of an estate uses to transfer property.
Adverse possession - The acquisition of title to property through possession without the owner's consent for a certain period of time.
Adverse use - The access and use of property without the owner's consent.
Aeolian soil - Soil that is composed of materials deposited by the wind.
Affiant - A person who makes a sworn statement.
Affirmation - A substitution for an oath granted to people based on religious reasons.
