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QUAD - Also See: Quadrant.

QUADRANGLE - In the Government Survey method of describing real property, a square area of land 24 miles square (24 miles on each side or 576 square miles), containing 16 Townships (six miles square) or 576 Sections (one mile square).

QUADRANT - (1) quarter section of a circle. (2) One of the quarters created by two intersecting roads or streets.

QUALIFIED FEE ESTATE - ownership interest in real property that is not absolute. Also See: Defeasible Title; Fee Tail.

QUALIFIED INTERMEDIARY - party that facilitates the exchange of property to meet the requirements of IRS Code Section 1031. To be "qualified" the party must not be related to the taxpayer and have no interest in the property. Section 1031 sets out the full requirements. The party is also commonly called an Accommodator or Facilitator.

QUALIFYING RATIOS - Guidelines used by lenders to determine how much of a loan a home buyer qualifies for. Often referred to as debt-to-income ratios (or DTI). Also See: Debt Ratio.

QUANTITY SURVEY METHOD - Also called "price take-off" method. A process of arriving at an estimate of new construction costs by a detailed estimate of quantities of necessary building materials plus labor costs.

QUARTER - Also See: Quarter Section.

QUARTER ROUND - molding which, in cross-section, resembles a quarter circle.

QUARTER SECTION - One quarter of a section. A quarter section (commonly called a quarter) contains 160 acres.

QUASH - To abate, annul, overthrow, vacate, void.

QUASI - Similar to but intrinsically different.

QUASI CONTRACT - contract created by operation of law where no actual contract exists. The purpose is to avoid unfairness and create a remedy for the injured party.

QUAY - wharf used for loading or unloading ships.

QUESTION OF FACT - Question as to what actually happened. Determined by physical evidence and decided by a jury in a jury trial.

QUESTION OF LAW - Given the facts, what laws, if any, are applicable; decided by a judge, even in a jury trial.

QUICK ASSETS - Also See: Liquid Assets.

QUIET ENJOYMENT - Also See: Covenant of Quiet Enjoyment.

QUIET TITLE - Also See: Action To Quiet Title.

QUIETUS - Final disposition of a claim or debt.

QUITCLAIM DEED - deed operating as a release; intended to pass any title, interest, or claim which the grantor may have in the property, but not containing any warranty of a valid interest or title in the grantor.

QUOIN - Also See: Coign, Coigne

Whatever your financing needs,
we will tailor a loan that's right for you.

 
 
 


Daily Oil & Gas and Wall Street Journal News
12/18/18

Canada to Invest C$1.6B in Oil and Gas Sector
Posted on Monday December 17, 2018

The Canadian government has pledged more than C$1.6 billion to the country's struggling oil and gas sector to support jobs and workers.

North America LNG Rebound to Continue in 2019
Posted on Monday December 17, 2018

North America should lead an expected record year for global LNG project sanctions in 2019, predicts Wood Mackenzie.

HR's Role in the Oil and Gas Digital Transformation
Posted on Monday December 17, 2018

A new survey by KPMG finds that some oil and gas HR executives are still a bit hesitant to transform their workforces to keep up with the industry's digital transformation.

Key UAE Contract Goes to Spanish Firm
Posted on Monday December 17, 2018

The Linear Alkyl Benzene plant will be the first derivative unit to be developed under a $45 billion Ruwais downstream investment program.

No Theft in Saipem Cyber Attack
Posted on Monday December 17, 2018

Saipem reveals there has been no theft or loss of data in connection with the cyber attack it suffered recently.

CNOOC in Cooperation Pact with Majors
Posted on Monday December 17, 2018

China National Offshore Oil Corporation signs strategic cooperation agreements with several oil and gas majors.

Strong Outlook for Offshore Service Market
Posted on Monday December 17, 2018

The outlook for offshore oilfield service contractors is strong, according to Rystad Energy.

Exxon Becomes Permian Drill Chief
Posted on Monday December 17, 2018

ExxonMobil has overtaken rivals to become the most active driller in the Permian Basin.

Oil Dives Lower
Posted on Monday December 17, 2018

Oil dived lower near $49 a barrel as investors sought more assurance that OPEC's output cuts will work in the face of surging U.S. supply.

Oil Prices Fall Below Key Thresholds
Posted on Sunday December 16, 2018

WTI and Brent crude oil futures settled below the psychologically significant $50 and $60 marks, respectively.

Wall Street Journal
Commercial News

12/18/18

WSJ.com: Commercial Real Estate

CBRE Global Investors Buys Stake in Three GGP Malls
One of the world?s largest real-estate asset managers has purchased a 49% stake in three malls in a deal that values them at more than $1 billion and shows that investors still have an appetite for top-tier retail property.

FAO Schwarz Is Returning to New York
A dominant presence in Midtown Manhattan for decades before its closure in 2015, the toy store is coming to life again with a new, 20,000-square-foot Rockefeller Center location.

Sportswear-Maker Puma to Open New York Flagship
Germany?s Puma has signed a lease deal to creating a marquee location on Fifth Avenue that will be the first of its kind for the company in North America.

Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave.
The real estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to buy roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving Jared Kushner, President Donald Trump?s son-in-law and adviser.

Sign of the Times: New Office Space Created in Retail's Tumult
Normandy Real Estate Partners? $133 million deal for the upper portion of ABC Carpet?s flagship store is an example of office space edging into territory that once was retail?s domain.

Want to Buy a Luxury Hotel in the U.S.? Try China's Insurance Regulator
When Chinese regulators seized control of Anbang Insurance, they took ownership of more than a dozen luxury U.S. hotels. Now, as the government looks to sell, it faces a problem: The buildings likely are worth less than what Anbang paid only a couple of years ago.

New York's Commercial Property Slump Shows Signs of Slowing
After a two-year plunge, brokers are optimistic that more deals will take place in 2018.

BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
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