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  2. Option fee - Wikipedia

    en.wikipedia.org/wiki/Option_fee

    The residential real estate industry in Texas is unique in that the real estate sales contract forms used in most transactions in the state are developed through a state agency, the Texas Real Estate Commission (TREC). TREC's Broker-Lawyer Committee develops standard contract forms and addenda which are promulgated by the Commission.

  3. Glossary of locksmithing terms - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_locksmithing_terms

    The strike plate protects the jamb against friction from the bolt and increases security in the case of a jamb made of a softer material (such as wood) than the strike plate. Some strike plates have their hole size and placement calculated so a spring-bolt extends into the hole, but an adjacent anti-retraction device remains depressed ...

  4. Texas Real Estate Commission - Wikipedia

    en.wikipedia.org/wiki/Texas_Real_Estate_Commission

    The Texas Real Estate Commission (TREC) is the state agency that governs real estate practices in the state of Texas. The agency is headquartered at 1700 North Congress in Austin. [1] TREC is composed of nine members appointed by the Governor with the concurrence of the Texas Senate. The members are appointed for six-year terms, with the terms ...

  5. Boilerplate text - Wikipedia

    en.wikipedia.org/wiki/Boilerplate_text

    In contract law, the term "boilerplate language" or "boilerplate clause" describes the parts of a contract that are considered standard.A standard form contract or boilerplate contract is a contract between two parties, where the terms and conditions of the contract are set by one of the parties, and the other party has little or no ability to negotiate more favorable terms and is thus placed ...

  6. TREC - Wikipedia

    en.wikipedia.org/wiki/Trec

    TREC may refer to: . Techniques de Randonnée Équestre de Compétition or Trec, an equestrian discipline; Text Retrieval Conference, workshops co-sponsored by the National Institute of Standards and Technology (NIST) and the U.S. Department of Defense

  7. Plat - Wikipedia

    en.wikipedia.org/wiki/Plat

    August 2024) (Learn how and when to remove this message) A plat map that shows the location of a lot for sale In the United States , a plat ( / p l æ t / [ 1 ] or / p l ɑː t / ) [ 2 ] ( plan ) is a cadastral map , drawn to scale, showing the divisions of a piece of land.

  8. Fee tail - Wikipedia

    en.wikipedia.org/wiki/Fee_tail

    In English common law, fee tail or entail is a form of trust, established by deed or settlement, that restricts the sale or inheritance of an estate in real property and prevents that property from being sold, devised by will, or otherwise alienated by the tenant-in-possession, and instead causes it to pass automatically, by operation of law, to an heir determined by the settlement deed.

  9. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    In Germany, real estate appraisal is known as real estate valuation (Immobilienbewertung). Real estate appraisers (Immobilienbewerter or Gutachter) can qualify to become a Öffentlich bestellter und vereidigter Sachverständiger (officially appointed and sworn expert). However, this formerly very important title has lost a lot of its importance ...