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C

Capitalization

In appraising a method of determining value of property by considering net income and a reasonable percentage of return on the investment.

Entry link: Capitalization

Capitalization Rate

The percentage rate or rate of interest considered a reasonable return on the investment. It is used in the capitalization method of determining value based upon net return.

Entry link: Capitalization Rate

Carpet Strip

Molding used at junction of baseboard and floor sometimes called a carpet strip.

Entry link: Carpet Strip

Casement Window

Windows set in frames of wood or metal that swing outward.

Entry link: Casement Window

Cash Flow

The new amount of cash a property produces when all cash income and other cash generated are added together and all cash expenses and other cash payments are deducted.
Entry link: Cash Flow

Cause of Action

A legal right; facts giving rise to an enforceable claim.

Entry link: Cause of Action

Caveat Emptor

A Latin phrase meaning let the buyer beware"; the legal maxim stating that the buyer must examine the goods or property and buy at his or her own risk."

Entry link: Caveat Emptor

CC&RS

Covenants conditions and restrictions. The basic rules establishing the rights and obligations of owners (and their successors in interest) of real property within a subdivision or other tract of land in relation to other owners within the same subdivision or tract in relation to an association of owners organized for the purpose of operating and maintaining property commonly owned by the individual owners.

Entry link: CC&RS

Certificate Of Reasonable Value (CRV)

The Veterans Administration's written appraisal of the value of a property.

Entry link: Certificate Of Reasonable Value (CRV)

Certiorari

The Supreme Court order indicating that the court has decided to exercise its discretion and accept a case offered on appeal. The court reviews only those select cases that it deems worthy of review.

Entry link: Certiorari


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