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Real Estate Glossary

What does Curable Defect mean?

A curable defect is a problem or deficiency in a property that can be corrected through repairs or renovations. Curable defects can be identified through a home inspection or other assessment of the property, and they can range from minor issues, such as a leaky faucet, to more serious problems, such as structural damage. In some cases, the seller of a property may be required to make repairs or fix defects in order to complete the sale.

Aluminum siding

Appraiser

Common-Interest Development

Contractual Lien

Damage & Destruction (In a Lease)

Draw

Escrow Closing

Estimated Total Costs of Renting

Good faith Estimate

Liability Insurance

Masonry

Neo-Traditional Planning

Oral Agreement

Principle of Regression

Recission

Recording Fee

Title Company

Variable Rate Mortgage

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
Beycome Corp. holds real estate brokerage licenses in Multiple States: Beycome of Florida LLC is licensed in FL. Beycome Brokerage Realty Inc is licensed in CA. Beycome of Connecticut in CT. Beycome Brokerage Realty LLC is licensed in AL, GA, IL, IN, MI, MN, NC, OH, SC, TN and TX.
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IDX© information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.

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Artur

Real Estate Assistant