NH Real Estate Terms

The aquisition of title to additional land or improvements as a result of the annexation of fixtures or as a result of alluvial desposits.

The compensation to a real estate broker for services rendered in the sale, rental or exchange of real property.

A prospective buyer or seller of real estate.

An item of tangible personal property.

Preference by people for a certain location.

An article that was once personal property but has been so affixed to real estate that it has become real property.

An agent of a person who is already acting as an agent for a principal.

The effort that brings about the desired results.

Exaggerated comments or opinions not made as representations of facts.

Material misstatement of a material fact, known to be false, done with the intent to deceive, and relied upon by the injured party to his or her damage.

Gives rise to a fiduciary relationship and imposes on the agent certain duties, obligations, and high standards of good faith and loyalty.

The act of removing something attached to land or of terminating a relationship.

Valuable additions made to real property.

An ownership concept describing the legal rights that attach to the ownership of real property.

The person who employs an agent to perform a service for a fee.

Describes the faithful relationship owed by a broker to a principal.

Representing both principals to a transaction.

One authorized by a principal to perform a particular act without contemplation of continuity of service.