Illinois Real Estate Acronyms

ILLINOIS REAL ESTATE ACRONYMS MARKI LEMONS-RYHAL

TERMINATION OF AGENCY BADD MICE B Bankruptcy A Abandonment D Destruction D Death M Mutual Agreement I Incapacity C Completion E Expiration

FIDUCIARY RESPONSIBILITIES OLD CAR O Obedience L Loyalty D Disclosure C Confidentiality A Accountability R Reasonable Care

UNLICENSED ASSISTANT SEA S Secretarial E Errands A Administrative

5 ANTI-TRUST LAWS TAR GAPT Tie In AgreementA Allocation of CustomersR Restrain of TradeG Group BoycottingA Allocation of marketsP Price Fixing

GOVERNMENT POWERS PETE P Police Powers E Eminent Domain T Taxation E Escheat

FIXTURESI IntentionA AnnexationA AdaptionA Agreement

REAL PROPERTYECONOMIC CHARACTERISTICS P Performance of Investment I Improvements S Scarcity A Area of Preference

REAL PROPERTYPHYSICAL CHARACTERISTICS Invest In Us I Immobility I Indestructibility U Uniqueness

REAL PROPERTYBUNDLE OF LEGAL RIGHTS D Disposition E Enjoyment E Exclusion P Possession C Control

VALID LEASE CLOACC Capacity to ContractL Legal ObjectivesO OfferA AcceptanceC Consideration

MARKI LEMONS-RYHAL

by Marki Lemons on Jul 02, 2012