Real Estate Terms Dictionary
Definition of 'Consent'
In legal terms, consent refers to the act of entering into an agreement.
What does Consent mean:
In the case of a married individual who wants to take out a mortgage loan, for example, the consent of the other spouse is needed for the mortgage agreement to be enforceable.
Here's a real-life example from one of the properties researched on PropertyShark:
The glossary is intended to provide real estate professionals and home buyers with a basic understanding of various specialized terms related to legal rights over a property. All terms appear in public records such as ACRIS. We do not take responsibility for the legal accuracy of the definitions provided and ask that use of these explanations in a legal setting be made only after checking with a lawyer or another specialist in the field.