Beach Estate Real School Virginia,

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DEPTH TABLE
Tables of percentage designed to provide a uniform system of measuring the additional value to lots which accrues because of added depth, with the extra depth valued according to the added utility which it creates.

GENERAL AGENT
One who is authorized to perform any and all acts associated with the continued operation of a particular job or a certain business.

INDEPENDENT CONTRACTOR
One who is retained to perform a certain act, but who is subject to the control and direction of another only as to the end result and not as how he performs the act. The critical feature, and what distinguishes an independent contractor and an employee or agent, is the right to control.

CUL DE SAC
A street which is open at one end only, and which usually has a circular turnaround; a blind alley.

COOPERATING BROKER
A broker who joins with another broker in the sale of real property.

MORTGAGE BANKER
An individual or company that originates and/or services mortgage loans.

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