W X Y
RSD: Abbreviation for reflex sympathetic dystrophy.
Reach-back period: The period immediately prior to filing the
bankruptcy within which transfers of money or property may be
deemed fraudulent or preferential.
Reaffirmation agreement: Agreement between the debtor and the
creditor that states the debtor will pay all, or a portion, of
the balance owed on the installment agreement, even though the
debtor has filed bankruptcy. In return, the creditor promises
that, as long as payments are made, the creditor will not
repossess or take back the personal property constituting the
collateral for the debt.
Real estate: Any
leasehold or other estate or interest in, over, or under land,
including structures, fixtures, and other improvements and
interests which by custom, usage, or law pass with a conveyance
of land though not described in the contract of sale or
instrument of conveyance. "Real estate" includes
parcels with or without upper or lower boundaries, and spaces that
may be filled with air or water.
Reasonable attorneys fees: Attorneys'
fees reasonably incurred which may or may not be subject to
limitations otherwise imposed by law.
Reasonable care: The standard of care in negligence cases; the duty
to act reasonably so as to avoid harming others.
Record: To give public notice of a document by placing the document
on file with the county recorder.
Records: In business, particularly corporations, all the written
business documents, especially about financial dealings. Thus,
shareholders and partners are entitled to access to the
"records" of the business.
Recording fee: A fee charged by real estate agents for conveying the
sale of a piece of property into the public record.
Redemption: A repurchase of shares from shareholders by a
the act of a bankruptcy debtor retaining title and possession of
an asset for which there is a balance owed, by paying off in a
lump sum the present value of the property and discharging any
Redemption rights: Right of repurchase enjoyed by a corporation that
exist for certain shares of stock.
Refinancing: The process of taking out a new loan on property
already owned; paying off the existing
financing and retaining the cash balance, if one exists.
Reflex Sympathetic Dystrophy: Severe
pain condition due to nerve injury
Register: In corporations, the record of shareholders, and issuance
and transfer of shares on the records of the corporation.
Registered agent: The person or entity that is authorized to receive
legal papers on behalf of a corporation.
Registered office: The official address of a corporation. Typically
this address is the same as that of the registered agent.
Your old job, paying the same wages and benefits as paid at the
time of an injury and located within a reasonable commuting
distance of where you lived at the time of your injury.
Z: A federal code issued under the Truth in Lending Act that
requires that a borrower be advised in writing of all costs
associated with the credit portion of a financial transaction.
filing fee: Fee charged for note filed with the county to
process the release of lien for the seller.
The act of a court of appeal returning a case to the lower court
(i.e., the bankruptcy court) for further adjudication of the
Relief that the plaintiff receives from the defendant in a
lawsuit. Often this will include monetary damages or equitable
relief (i.e. injunctions).
The implementation of a business plan to restructure a
corporation, which may include transfers of stock between
shareholders of two corporations in a merger.
allowance: An amount negotiated within a contract that the
seller agrees to pay toward buyer designated repairs.
cost: The current cost of rebuilding a structure to its
value: A property's future value, which can be affected by
many factors including the surrounding neighborhood, school
district scores, and economic and housing market conditions.
agent: The person or entity that is authorized to receive
legal papers on behalf of a corporation.
(Real Estate Settlement Procedures Act): A federal law
designed to make sellers and buyers aware of settlement fees and
other transaction-related costs. RESPA also outlaws kickbacks in
the real estate business.
of trade: In antitrust law, any activity (including
agreements among competitors or companies doing business with
each other) which tends to limit trade, sales and transportation
in interstate commerce or has a substantial impact on interstate
See “Declaration” and “Covenants, Conditions and
mortgage: A special type of loan available to equity-rich,
older owners. Repayment is not necessary until the borrower
sells the property.
of way: The right to pass over or use another's land.
rights: An owner's right to use a river, stream, or lake
bordering the owner's property.
Rollback: A limitation on annual assessed value increases or a
reduction in the amount of property tax paid.