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26 Cards in this Set
- Front
- Back
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MATERIAL BREACH |
A SIGNIFICANT CONTRACTUAL BREACH THAT PREVENTS THE COMPLETION OF THE AGREED-UPON ACTIVITY |
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MINOR BREACH |
FAILURE TO PAY LATE CHARGES, INTEREST PENALTIES, BAD CHECK CHARGES OR SECURITY DEPOSITS |
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INCURABLE BREACH |
NAAMAN TERRY DEFAULTS IN LISA'S OR MORTGAGES THAT CANNOT BE CURED OR UNDONE |
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DELINQUENCY |
A TENANT OR BORROWERS FAILURE TO PAY THE AGREED AMOUNT ON OR BEFORE THE DUE DATE OR EXPIRATION OF ANY GRACE PERIOD |
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DUE DATE |
THE DATE PROVIDED IN THE RENTAL OR LEASE AGREEMENT IN WHICH RENTAL PAYMENTS ARE DUE |
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GRACE PERIOD |
THE TIME. FOLLOWING THE DUE DATE FOR PAYMENT DURING WHICH PAYMENT RECEIVED FOR THE LENDER OR THAN THAT IS NOT DELINQUENT IN THE LATE CHARGES NOT DUE |
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MONETARY BREACH |
ATTENDANCE FAILURE TO TIMELY PAY RENT OR OTHER MONEY OBLIGATIONS DUE |
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NON-MONETARY BREACH |
A TENANT BREACH OF ANY OBLIGATION OTHER THAN AN OBLIGATION TO PAY MONEY |
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STATUTORY BREACH |
A BREACH OF LEASE AGREEMENT WHICH AUTOMATICALLY FORFEITS THE TENANTS RIGHT OF POSSESSION |
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NUISANCE |
AN ACTION WHICH IS INTEREST TO HEALTH, OFFENSIVE TO THE SENSES, OR OBSTRUCT TO USE AND ENJOYMENT OF SURROUNDING PROPERTY |
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RETALIATORY EVICTION |
A TENANT WHOSE TENANCY IS SOUGHT TO BE TERMINATED FOR LAWFULLY EXERCISING ANY RIGHTS |
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WASTE |
THE INTENTIONAL DESTRUCTION OR NEGLECT OF PROPERTY WHICH DIMINISHES ITS VALUE |
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SECTION 8 HOUSING |
A GOVERNMENT HOUSING PROGRAM FOR LOW-INCOME HOUSEHOLDS WHICH PROVIDES QUALIFYING TENANTS WITH RENT SUBSIDIES AND MINIMUM HABITABILITY STANDARDS |
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OWNER BY FORECLOSURE |
THE WINNING BIDDER AT A TRUSTEE'S SALE WHO TAKES TITLE TO THE PROPERTY SOLD BY A TRUSTEES DEED |
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BONA FIDE LEASE AGREEMENT |
ANY SACRAMENT WITH A FAIR MARKET RENT HELD BY A RESIDENTIAL TENANT WHEN OWNERSHIP OF THE PROPERTY IS TRANSFERRED BY A FORECLOSURE SALE |
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IMPLIED WARRANTY OF HABITABILITY |
AND UNWRITTEN PROVISION, INCLUDED BY STATUTE, AND ALL RESIDENTIAL LEASE AGREEMENTS REQUIRING THE LANDLORD TO PROVIDE SAFE AND SANITARY CONDITIONS IN THE RENTAL UNIT |
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HABITABLE CONDITION |
THE MINIMUM ACCEPTABLE LEVEL OF SAFETY, UTILITY AND SANITATION PERMITTED IN A RESIDENTIAL RENTAL |
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HABITABILITY DEFENSE |
A RESIDENTIAL TENANTS PURSUIT OF A LEGAL REMEDY DUE TO A LANDLORD FAILURE TO MAINTAIN HABITABLE CONDITIONS ON THE RENTED PREMISES |
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REASONABLY FORESEEABLE |
THE POSSIBILITY A CRIME OR DANGER MAY OCCUR DUE TO A PREVIOUS CRIME ON THE PREMISES. A LANDLORD HAS A DUTY TO TAKE REASONABLE MEASURES TO PREVENT HARM TO PERSONS ON THE PROPERTY OR WARNING TENANTS OF THE PRIOR CRIMINAL ACTIVITY |
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BUILDING INSPECTORS |
INDIVIDUALS EMPLOYED BY MUNICIPALITIES TO ENSURE PROPERTY'S COMPLY WITH LOCAL BUILDING CODES, ORDINANCES, ZONING REGULATIONS AND CONTRACT SPECIFICATIONS |
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CONTRACTOR |
ANYONE WHO CONSTRUCTS, ALTARS, REPAIRS, IMPROVES OR DEMOLISHES ANY BUILDING, ROAD, PROJECT, DEVELOPMENT OR IMPROVEMENT |
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RAFTERS |
WOOD BEAMS ON WHICH SHEATHING IS PLACED. TOGETHER, THESE FORM THE SHAPE OF A ROOF |
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RADON GAS |
A NATURALLY OCCURRING GAS WHICH ACCUMULATES IN CONFINED AREAS AT GROUND LEVEL AND POSES A HEALTH RISK TO OCCUPANTS |
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PUBLIC CONTROLS |
STATE LAWS, ZONING REGULATIONS, BUILDING CODES AND LOCAL PLANS DESIGNED TO PROTECT PROPERTY VALUES AND CONTROL GROWTH |
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GENERAL PLAN |
DEVELOPMENT POLICIES FOR ACCEPTABLE AND USES WITHIN A JURISDICTION |
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GRANNY FLAT |
A SEPARATE, SELF-CONTAINED ADDITIONAL DWELLING ON A PROPERTY ZONED TO ACCOMMODATE ONLY ONE UNIT |
