Transmission of electricity or heat through a conductor.

A material (usually metal) which can transmit electrical current or heat.

A natural channel for the flow of water, or artificial channel, such as a pipe, used for conveying and protecting water, wires, or other materials.See Which: Real Estate Mortgage Investment Conduit.

A system of metal casings (conduits) containing wiring and conductors.

A metal pipe, usually flexible, through which electrical wiring is installed.

The written, voluntary, submission of a debtor to a judgment by a creditor for a specified amount.

Outline of a shape.

See: Rerecording.

See: Order Confirming Sale.

A mortgage loan that follows the requirements for sale in the secondary market to FHLMC or FNMA.

An appraisal term stating that general uniformity of structures in an area produces highest value.

Suitable or appropriate. In appraisal, a property which conforms to the area.

Blood relationship, rather than legal relationship (through marriage).See also: Affinity.

A written agreement between plaintiff and defendant to have a judgment entered and recorded. Although the court does no actual finding for one party or the other, the judgment, once approved by the court, is binding on both parties.

Damages created by a change in other property. An owner’s right to compensation varies with state statutes. See also: Lateral Support: Inverse Condemnation.

(1) Care and preservation of natural resources. (2) Preservation, though zoning, of improved areas to maintain the quality of the area.

A guardian, court appointed.

Anything which is, legally, of value, and induces one to enter into a contract.

(1) The coming together, either through merger or partial ownership, of two or more companies. (2) The solidification of loose material or liquid, usually under pressure.

See: Loan Constant.

See: Interest Included Note.