Real Estate Virginia definitions Study guides, Class notes & Summaries
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Virginia Estate Exam Bundle Questions And Answers 100% verified
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Virginia Estate Exam Bundle Questions And Answers 100% verified
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Real Estate Virginia definitions made by Katy Best Graded Exam Questions
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Attachment - ANSWER-Where a creditor's lawyer asks the court for permission to put a lien or attach to your land or home. Constitutes a lien against real and personal property (that are attached to the land) 
 
Gross Rent Multiplier (GRM) - ANSWER-A factor dividing sales price by monthly rental income 
 
Buffer zone - ANSWER-A park located next to an apartment complex zoned for single fam homes 
 
Income (Cap) Approach formula - ANSWER-dividing the net income by the cap rate 
 
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