A real estate term used for quickly buying and then immediately selling real property at a profit, usually in very active and hot real estate markets. … [Read more...] about FLIPPING
F
FLIPPING REAL ESTATE
When a real estate investor buys a property to hold for the short term with the intention of reselling it for profit and not for use. … [Read more...] about FLIPPING REAL ESTATE
FLOAT
(A) The time it takes from when a check is deposited until it clears and is deducted from the drafter's account. See check kiting. (B) In American land law, especially In the m western states. A certificate authorizing the entry, by the holder, of a certain quantity of land not yet specifically selected or located. … [Read more...] about FLOAT
FLOATABLE
Used for floating. A floatable stream is a stream used for floating logs, rafts, etc. Gerrish v. Brown, 51 Me. 260, 81 Am, Dec. 569; Gaston v. Mace, 33 W. Va. 14, 10 S. E. 60, 5 L. R. A. 392, 25 Am. St. Rep. 848; Parker v. Hastings, 123 N. a 671, 31 S. E. 833. … [Read more...] about FLOATABLE
FLEET
A place where the tide flows; a creek, or inlet of water; a company of ships or navy ; a prison in London, (so called from a river or ditch formerly in its vicinity,) now abolished by 5 & 6 Vict. c. 22. … [Read more...] about FLEET
