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north carolina real estate glossary

NC Charlotte Homes & Carolina Real Estate Glossary Q
From Qualified Plan, Quarter Section to Quotation

Return to the Real Estate Glossary

Qualified plan - Any employee benefit plan qualified by the IRS as a tax-exempt plan that meets, among other requirements, the requirement that a plan's assets must be placed in trust for the sole benefit of the employees the plan covers.

Quarter Section - According to the divisions of a government survey, 180 acres or one quarter of a square mile of land.

Quotation - A statement of the market price of a property, the price specified to a buyer.

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