Real Estate Definition
  • Home
  • Glossary

Ultra Vires

Originally acts of a corporation beyond or against its charter. Now includes illegal acts. An officer of a corporation may be personally liable for an ultra vires act of the corporation.

Previous Next
RealEstateDefinitions
Previous Next
RealEstateDefinitions

More Real Estate Definitons

1031 Exchange (1031 tax deferred exchange)Allodial SystemAttorney in factBlind AdCondemnationDefeasance clauseDoctrine of LachesDual AgencyEasementEquitable titleEstoppelExecuted contractFee Simple DefeasibleFiduciary DeedFriableImplied contractMetes And BoundsNet ListingOperating StatementOption ContractPersonal propertyPower of attorneyPrimary MarketsReal Estate ContractReal propertyRecognition AgreementRiparian rightsSecondary MarketsStraight NoteSubordinationSubrogationTenancy in PartnershipTrade fixturesTrust deedTrustor
Copyright © 2019 Real Estate Exam Prep LLC. All Rights Reserved