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Real Estate Glossary

What does Encroachment mean?

An encroachment is a situation in which a structure or other object intrudes onto another person's property. Encroachments may be physical, such as a fence that extends onto a neighbor's property, or they may be non-physical, such as a right-of-way or an easement. Encroachments may be intentional or unintentional, and they may be the result of a mistake or a dispute. Encroachments may be resolved through negotiation, mediation, or legal action, and they may have an impact on the value or use of the property.

Allowances

Amenity

Assumption

Board of Equalization

Comparables

Consumer Credit Counseling Service (CCCS)

Conventional Loan

Credit History

Custom Home

Ff&E

Infill Housing

Maintenance & Emergency Repairs

Maximum Financing

Project Budget

Purchase-Money Mortgage

Specifications

U.S. Department. of Housing and Urban Development (HUD)

Verification of Deposit

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Artur

Real Estate Assistant