illinois real estate acronyms
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Illinois Real Estate AcronymsTRANSCRIPT
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M A R K I L E M O N S - RY H A L
ILLINOIS REAL ESTATE ACRONYMS
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TERMINATION OF AGENCY
BADD MICEB BankruptcyA AbandonmentD DestructionD DeathM Mutual AgreementI IncapacityC CompletionE Expiration
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FIDUCIARY RESPONSIBILITIES
OLD CARO Obedience
L Loyalty
D Disclosure
C Confidentiality
A Accountability
R Reasonable Care
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UNLICENSED ASSISTANT
SEAS Secretarial
E Errands
A Administrative
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5 ANTI-TRUST LAWS
TAR GAPT Tie In Agreement
A Allocation of Customers
R Restrain of Trade
G Group Boycotting
A Allocation of markets
P Price Fixing
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GOVERNMENT POWERS
PETEP Police Powers
E Eminent Domain
T Taxation
E Escheat
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FIXTURES
I Intention
A Annexation
A Adaption
A Agreement
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REAL PROPERTY ECONOMIC CHARACTERISTICS
P Performance of Investment
I Improvements
S Scarcity
A Area of Preference
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REAL PROPERTY PHYSICAL CHARACTERISTICS
Invest In Us
I Immobility
I Indestructibility
U Uniqueness
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REAL PROPERTY BUNDLE OF LEGAL RIGHTS
D Disposition
E Enjoyment
E Exclusion
P Possession
C Control
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VALID LEASE
CLOACC Capacity to
ContractL Legal ObjectivesO OfferA AcceptanceC Consideration
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MARKI LEMONS-RYHAL
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@MARKI_LEMONS
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