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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
4/3/20

Oil Leaps on Potential Global Output Cuts
Posted on Friday April 03, 2020

Oil posted a record weekly jump on hopes that global producers will decide to make historic output cuts next week.

Trump Phone Call Reports Surprise Oil Experts
Posted on Friday April 03, 2020

Find out what Rigzone panelists view as the top oil market hits and misses for the week ending April 3, 2020.

Saudis Have Pricing Problem as Oil War Hits Month Two
Posted on Friday April 03, 2020

Saudi Aramco will need to price its crude at aggressively low levels this month to keep its customers satisfied.

Billions in Oil Royalty Payments at Stake as Trump Mulls Relief
Posted on Friday April 03, 2020

The teleconference with independent refiners and oil producers will follow a separate meeting between President Trump and oil industry execs at the White House.

The Natural Gas Surplus Goes Offshore
Posted on Friday April 03, 2020

LNG traders are storing huge amounts of the commodity on tankers, hoping prices will rise before the ships dock.

OPEC+ Urges Global Cut to Stem Rout
Posted on Friday April 03, 2020

Oil climbed on the prospect that an idea first touted by President Donald Trump on Thursday looked to be gaining some traction.

Oil Surges as OPEC+ Prepares for Monday Meeting
Posted on Friday April 03, 2020

Oil advanced as OPEC+ scheduled an urgent meeting next week after a historic slump in prices that has crippled the energy sector.

Shale Can Shock the World Again
Posted on Friday April 03, 2020

Here are some of Rigzone's top stories during the last week, just in case you missed them...

Wood Significantly Adjusts Cost Base
Posted on Friday April 03, 2020

Wood announced Thursday that it is taking action to 'significantly' adjust its cost base in anticipation of a reduction in activity levels.

Apache Makes Significant Oil Find
Posted on Friday April 03, 2020

Apache Corporation announced a 'significant' oil discovery offshore Suriname.

Wall Street Journal
Commercial News

4/3/20

WSJ.com: US Business

3M, Under White House Attack, Pushes Back
The company said it is raising domestic mask production, importing masks from its plant in China and taking action against price-gouging on masks that medical workers need to treat patients infected with the new coronavirus.

Small Business Loan Program Makes Bumpy Start
Some of the nation?s biggest lenders say they weren?t yet able to process loan applications under the federal program, frustrating business owners struggling to stay afloat.

Companies Try to Preserve Jobs by Cutting Pay Amid Coronavirus Crisis
Many workers? paychecks are shrinking as companies try to spread the financial pain of the coronavirus pandemic amid government-ordered lockdowns, dwindling production orders and closed stores, restaurants and plants.

Trump Administration Discussed Shutting Oil Production in Gulf of Mexico
It is unclear whether the proposal, which comes as several workers on oil platforms test positive for the new coronavirus, is still under serious consideration. But shuttering platforms would also curtail U.S. oil production amid a world-wide glut that has sent prices plummeting.

CEOs Grapple With the Toughest Calls of Their Careers
The global coronavirus pandemic is forcing corporate bosses to make critical decisions about their workers without knowing what might happen next

U.S. Employers Cut 701,000 Jobs in March
The March jobs report shows the start of a collapse that could shed all the U.S. jobs added by employers in the past decade and push the unemployment rate to record highs.

The March Jobs Report in Charts
U.S. employers cut 701,000 jobs in March and the unemployment rate jumped to 4.4%, its highest level since August 2017, the Labor Department reported Friday, as the coronavirus pandemic hit the economy. Here are some key takeaways from the March report in charts.

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