Saturday, May 18, 2024, 3:16 PM
Site: Burk Baker School of Real Estate & Appraising
Course: DEMO (DE101)
Glossary: Real Estate Glossary
V
VOIDTo have no force or effect; that which is unenforceable. |
VOIDABLEThat which is capable of being adjudged void, but is not void unless action is taken to make it so. |
VOLUNTARY LIENAny lien placed on property with the consent of, or as a result of, the voluntary act of the owner, e.g., a mortgage. |