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Real Estate Bond

Guarantees real estate salespersons and brokers will perform their duties in good faith.

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Real Property

Land and whatever is erected, growing or affixed to it.

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Reasonable

Suitable under the circumstances.

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Reasonable Act

That which reasonably can be required of a party.

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Reasonable Care

That degree of care which a person of ordinary prudence would exercise in similar circumstances. Substantially synonymous with ordinary or due care. See Care.

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Reasonable Force

That degree of force which is appropriate to protect oneself or one’s property, without being excessive.

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Reasonable Man Doctrine Or Standard

The doctrine states that the standard one must observe to avoid liability for negligence is that of a reasonable man.

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Reasonable Time

Such time as may be agreed to after consideration of the nature, purpose and circumstances of each case.

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Reasonable Time

Not defined in law but left to discretion of judge. Generally, such time as may be fairly and reasonably allowed after consideration of the act or duty, the subject matter, and the attending circumstances.

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Rebate

Discount or reduction in stipulated premium of policy, generally by agent or broker and intended as an enticement.