Water for motels, hotels, restaurants, office buildings, other commercial facilities, and institutions.
Commingling
Mixing together of money, held in trust for one reason, with other money.
Commission
Money paid to real estate agents on the sale of a home, usually a negotiable percentage of the sale price.
Commission split
The method for dividing a commission between a registered real estate person and the sponsoring real estate broker and between the listing broker and the selling broker.
Commissioner
An administrator appointed by the courts to administer the laws relating to a government agency or court.
Commissioning
The process by which a power plant, apparatus, or building is approved for operation based on observed or measured operation that meets design specifications.
Commitment
A written promise issued by a lender. It outlines the specific terms for a specific period of time.
Commitment fee
The fee charged by the lender to guarantee that the commitment, with its terms intact, is available for a certain period of time.
Committee deed
A deed in which two or more people in an indenture agreement have reciprocity and obligations toward each other.
