Implied Notice
A form of actual notice not expressly given. For example: "A" purchases property from "B". "C" is in possession. "A" will have implied notice that "C" may have an interest in the property if reasonable observation and inquiry on the part of "A" would have disclosed the interest of "C".
More Real Estate Definitons
By-PassGazeboUnit PriceHogwallowsGood FaithKerfZoningYardL.S.AnnuityFarmZero Lot LineArch Bib RoofBlockbustingYard LumberIntestateEarnest MoneyCorporationOpen listingRepresentationWater-GageX-BracingWire LathValuatorKickbacksGridAllocationYieldOn RailLoan BrokerUsufructuaryQuadrantPaperQuitclaim deedGirtSubfloorIntrinsic ValueReconveyanceGraded LeaseT-BillsWorking CapitalJoint Ownership