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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
2/16/20

Oil Posts Weekly Gain
Posted on Thursday February 13, 2020

Investor confidence was lifted after China reassured the international community that a huge spike in new coronavirus cases was a one-off event.

Tullow Gets Green Light on Gas-Flaring Request
Posted on Thursday February 13, 2020

The permission will assist heavily indebted Tullow to support production in its offshore fields.

Pemex Ex-CEO Arrest Puts AMLO in Delicate Situation
Posted on Thursday February 13, 2020

The arrest of a former top government official is a breakthrough for Mexico's crackdown against corruption, but it puts President Andres Manuel Lopez Obrador in a delicate spot.

Oil to Flow Again from Saudi-Kuwait Neutral Zone
Posted on Thursday February 13, 2020

Kuwait and Saudi Arabia will resume oil production from their shared fields this month, more than five years after a dispute halted supply.

Asian Traders Get Surprise from Chinese Teapots
Posted on Thursday February 13, 2020

A sudden oil buying spree by China's independent "teapot" refiners has taken Asian traders by surprise.

Coronavirus Could Test Oil Players' Risk and Compliance Plans
Posted on Thursday February 13, 2020

The global coronavirus outbreak could put heightened risk management and compliance plans to the test.

Oil Climbs on Easing Coronavirus Concerns
Posted on Wednesday February 12, 2020

The World Heath Organization rekindled optimism that the coronavirus outbreak could be abating.

Global Oversupply Equals a Tough Year for LNG Exporters
Posted on Thursday February 13, 2020

Demand is insufficient to absorb rising global supplies of this super-cold fossil fuel.

Marathon Cuts 2020 Capital Budget by 11 Percent
Posted on Thursday February 13, 2020

The company's low organic free cash flow breakeven of $47 per barrel will be key in 2020.

Noble Energy Shaves $560MM From CAPEX Budget
Posted on Thursday February 13, 2020

The company is prioritizing free cash flow generation over US onshore growth in 2020.

Wall Street Journal
Commercial News

2/16/20

WSJ.com: US Business

Alstom Reaches Preliminary Deal to Buy Bombardier Train Unit
French train giant Alstom SA has reached a preliminary deal to acquire Bombardier Inc.?s train business for more that $7 billion.

New York Won't Appeal T-Mobile Merger Verdict
New York Attorney General Letitia James said the state won?t appeal a federal judge?s decision to allow T-Mobile US and Sprint to merge, removing another hurdle between the cellphone carriers and their long-planned combination.

SoftBank's Boss Bet $22 Billion on Sprint. It Was a Slog.
For Japanese billionaire Masayoshi Son, a U.S. judge?s recent approval of a merger between Sprint and T-Mobile is long-awaited payback on his $22 billion investment. But it is far from the triumph he sought when he announced he was taking control of Sprint in 2012.

British Airways' Operating Chief and Its Director of People to Leave Carrier
British Airways? chief operating officer and its director of people are leaving the carrier after last year?s tense standoff with pilots, which led to the airline?s first strike in decades

The Ride-Hail Utopia That Got Stuck in Traffic
Uber and Lyft said they would ease congestion. Instead they made it worse.

How High Should Government Debt Go? Economists Can't Agree
Economists warned a decade ago that pushing public debt above about 90% of gross domestic product could hurt growth. Now they aren?t so sure.

New Source of Climate Pressure for Companies: Workers
Investors and customers aren?t the only ones pressuring big companies to address climate change?employees are joining in too.

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