UST
admin2017-03-13T19:40:25+00:00Abbreviation for “Underground Storage Tank”.Abbreviation for “Underground Storage Tank”.
VCT
admin2017-03-16T13:10:36+00:00Abbreviation for “Vinyl Composition Tile” or sometimes called “Vinyl Composite Tile”, a type of hard vinyl floor tile; usually commercial. Abbreviation for “Vinyl Composition Tile” or sometimes called “Vinyl Composite Tile”, a type of hard vinyl floor tile; usually commercial.
T I
admin2017-03-13T19:40:23+00:00Abbreviation for “Tenant Improvement”; usually refers to the interior space build out to accommodate a commercial tenants requirements in a portion of a multi-tenant building.Abbreviation for “Tenant Improvement”; usually refers to the interior space build out to accommodate a commercial tenants requirements in a portion of a multi-tenant building.Abbreviation for “Tenant Improvement”; usually refers to the [...]
SGI
admin2017-03-13T19:40:19+00:00”Scheduled Gross Income” – abbreviation commonly used in property listings.”Scheduled Gross Income” – abbreviation commonly used in property listings.”Scheduled Gross Income” – abbreviation commonly used in property listings.”Scheduled Gross Income” – abbreviation commonly used in property listings.”Scheduled Gross Income” – abbreviation commonly used in property listings.
RECR
admin2017-03-13T19:40:17+00:00A report prepared by the seller to disclose the condition of the property; normally this document is required under Wisconsin law. The document is not required when the property is being sold ‘AS IS’, for example when it is bank owned (REO) or being sold by a personal representative who never lived in the property. For [...]
REO
admin2017-03-13T19:40:17+00:00Abbreviation in the banking industry that stands for “Real Estate Owned” by the bank.Abbreviation in the banking industry that stands for “Real Estate Owned” by the bank.Abbreviation in the banking industry that stands for “Real Estate Owned” by the bank.Abbreviation in the banking industry that stands for “Real Estate Owned” by the bank.Abbreviation in the banking [...]
RESPA
admin2017-03-13T19:40:17+00:00Acronym for “Real Estate Settlement Procedures Act”. A law enforced by HUD created to insure that borrowers in mortgage loan transactions have knowledge of all settlement costs. “RESPA is a casually used term for the document at closing which details all costs in a closing financed with a mortgage. (This document is also referred to as [...]
PUD
admin2017-03-13T19:40:15+00:00An abbreviation for “Planned Unit Development”. See “Planned Unit Development”An abbreviation for “Planned Unit Development”. See “Planned Unit Development”An abbreviation for “Planned Unit Development”. See “Planned Unit Development”An abbreviation for “Planned Unit Development”. See “Planned Unit Development”An abbreviation for “Planned Unit Development”. See “Planned Unit Development”An abbreviation for “Planned Unit Development”. See “Planned Unit Development”An abbreviation [...]