Canada Border Services Agency
The government agency that imposes fees on imported and exported goods and is responsible for collecting such fees. Also called Customs.
A written agreement to terminate a sales contract.
A limit on the increase of an interest rate for an adjustable rate loan.
Freight being transported by air, ship or vehicle.
A claim filed for damage to household goods being transported by Matco Moving Solutions.
The movement of goods by a carrier. See Contract Carriage.
A company in the business of transporting goods between points for compensation.
The financial liability for loss or damage of goods based on the value placed on the goods.
Cartons packed by Matco Moving Solutions.
Carrier Packed on Inventory
A designation on the inventory showing cartons packed by Matco Moving Solutions.
Carrier's Certificate & Release Order
A document used to advise the U.S. Customs Service of the details of a shipment, including its ownership, point of origin and number of shipping cases. This document certifies that the party named on the certificate is the true owner or consignee and is, therefore, entitled to file for customs release of the cargo.
Maintenance expenses resulting from the ownership of a property (especially a residential property) like insurance, utilities and taxes.
Transporting goods to or from storage.
Someone who transports goods within the confines of a port. Also called a Drayman.
An adjustment to a comparable property sale when the sale was financed in a manner atypical of the marketplace. If, for example, the seller backs a loan carrying no interest, the sale would be adjusted downward.
A shipment that is paid for by the individual at the time of delivery prior to the unloading of the shipment. Also called Collect on Delivery.
Cash paid in a claims settlement for loss or damage to property.
Insurance protecting against a warehouse fire and other catastrophic occurrences.
Certificate of Occupancy (CO)
A government document stating that a building is fit to be occupied and is free of violations. Also see Physical Damage Insurance.
Certificate of Origin
A document used to determine the country in which the goods were manufactured or produced. It must be signed and sealed by a recognized Chamber of Commerce as certification of the true origin and also may require legalization by a consular office of the destination country.
Certificate of Weight
An authoritative statement of the weight of a shipment prepared by a weigh master.
Chain of Title
A history of ownerships, liens and encumbrances of a title.
A mortgage secured by personal property.
A written report a customer files with Matco Moving Solutions for payment for loss or damage to property that may have occurred while shipment was in possession of Matco Moving Solutions.
Clean Receipt/Clean Bill of Lading
A bill of lading for goods received in apparent good condition with no damage or missing items.
Climate controlled storage
The storage of goods within a certain temperature range as required by the product.
All funds are distributed and terms of the sale are met, completing the sale transaction.
A mortgage that cannot be prepaid until maturity or during a specific period.
The delivery of the deed after the terms of the contract have been met, making the buyer the official owner of the property.
A third-party service that assists an owner in selling a home by funding equity to the owner to buy a new home based on the original home's appraised value. Also called Assigned Sales.
The costs of purchasing a property in addition to the purchase price, such as fees and insurance.
A statement of all amounts due in a real estate transaction.
Cloud on the Title
An outstanding claim, lien or encumbrance that affects the property's marketability.
Collect on Delivery (COD)
A shipment of non-household goods.
The company that ships a commercial shipment.
The portion of the revenue derived from a shipment payable to the origin agent, booking agent, destination agent or hauler.
An amount paid to a real estate agent or broker upon completing a sale. It is usually a percentage of the sale price.
A promise to loan money to a qualified borrower.
A fee paid by a lender to an investor in exchange for the investor's promise to buy a mortgage in the future.
An economic good or article of commerce when delivered for shipment.
A rate applied to a commodity named in a commodity tariff.
Portions of a property — land and structures, including elevators, pools, roofs and floors, but not the individual units — that the owner has a right to use. Each condominium owner owns a percentage of the common elements.
A property equivalent in value to another property used to establish the latter property's value.
Competitive Market Analysis
When a single shipment completely occupies a van, due to bulk, it is charged on actual weight or 7 pounds per cubic foot of the van, whichever is greater. This does not apply to household goods shipments.
Your entire household will be packed and prepared for loading.
An extra payment to an expatriate upon completion of a foreign assignment. Often part of the mobility premium.
Fulfilling the requirements on shipping documents and papers in accordance with government regulations.
Interest paid on the principal of a mortgage plus the accrued interest.
Damage to the contents of a package without apparent damage to the package itself.
Conditional Sales Contract
An agreement in which the seller retains the title to a sold property, but the property is given to the buyer so long as he or she does not default on the conditions of the contract.
A common payment by condominium owners allocated to pay expenses.
Individual ownership of one unit in a multiunit development and joint ownership of the common elements outside the unit. See Common Elements.
A conference of vessel operators who provide service within a specified trade route and who agree to certain fixed rates within that route.
An item of value, possibly money or a service, given with the intent of motivating a person to enter into a contract or to discourage a certain act such as a lawsuit.
The person at destination named as the receiver of the shipment.
The person at origin who arranges for the transportation of the shipment.
The combining of two or more small shipments into one unit between two given points, usually for a rate normally less than that which would have been assessed against each individual shipment within the consolidation. See Non-Vessel Operating Common Carrier.
A short-term loan for financing construction. As the work progresses, the lender makes periodic payments to the builder.
A special invoice required by certain countries to control and identify goods being imported into that country.
A customs entry applicable to most importation in which the value of the goods exceeds $250.00. Also called Formal Entry.
A term used in rail transportation of a steamship container when the container is not mounted on a chassis, requiring special equipment to transfer the container between the flat car and a chassis or flatbed truck. See Trailer On Flat Car.
The use of a standard box, carton, drum or barrel to transport freight.
A requirement or qualification stated in a contract that must be met before the contract is final.
A legally binding agreement between two or more persons/organizations to carry out reciprocal obligations or value.
Transportation of goods by a carrier under a contract, rather than a tariff.
Contract for Deed
A written agreement for the purchase of a property in which the payment or a portion of the selling price is deferred and the seller retains title to the property until full payment is made. The amount owed may be made in installments over a period of time with the remaining balance due at maturity.
The identification number assigned to each national account contract.
Contract of Sale
A written agreement for the purchase or sale of property. The buyer agrees to purchase the property at an agreed upon price and the seller agrees to transfer the title to the property by way of a deed.
The rental income in a lease agreement.
A deed or written instrument to transfer title or an interest in property.
A means of transportation.
Ownership of an apartment whereby the building is owned by a corporation and the apartment owner owns stock in the corporation.
An invoice correcting charges and/or rates on the original invoice.
A person who signs a legal document and becomes jointly responsible for fulfilling the obligations under the contract.
Estimating the value of a property by adding the reproduction or replacement cost of the building, less depreciation, to the estimated land value. This approach is the most useful when estimating the value of new construction and service properties like churches.
Used to specify the value of an article at a specific point.
An allowance to compensate a transferring employee for the extra expenses involved in moving to a new location with higher living costs. The new location may demand higher taxes, more expensive housing or transportation, etc. Also called Allowance or Goods and Services Differential when dealing specifically with goods and services.
A return offer made by the buyer or seller after rejecting the previous offer, in an attempt to purchase or sell a property. The counteroffer replaces the original offer.
Country of Assignment
Country of Origin
See Home Country. Regarding a product, it is the country in which the product is manufactured, produced or grown rather than the country from which it is shipped.
Agreements written into deeds, leases, mortgages, etc., promising performance or non-performance of certain uses or non-uses of a property.
Items that require extra protection can be custom crated for added security.
A rating based on a person's present financial condition and past credit history.
A report to determine a person's credit rating and ability to pay a loan.
Credit Report Fee
A charge for a credit report.
A measurement of the capacity or cubic space of a truck or container. The industry average is 7 pounds per cubic foot.
Cube Sheet (CU)
A sheet containing written measurement of household goods items. Also called Table of Measurements.
A fee imposed by a country on imports and exports.
Customs Brokerage (Brokers)
A profession that involves the "clearing" of goods through customs barriers for importers and exporters (usually businesses). This involves the preparation of documents and/or electronic submissions, the calculation and payment of taxes, duties and excises, and facilitating communication between government authorities and importers and exporters.
The place or building where custom fees are collected.
Fees placed on imports and exports.
The place where a physical examination of imports and exports is done.
A person or firm, licensed by the treasury department of their country when required, engaged in entering and clearing goods through Customs for a client (importer).
The process of obtaining release of goods from Customs, including documentation handling and processing, but not including the physical handling of the cargo for examination.
The filing of all applicable documentation for the importation and release of goods, with Canadian Customs or the U.S. Customs Service having jurisdiction over the point at which the shipment is to be released.
A physical inspection of a shipment by Canadian Customs or U.S. Customs Service. The customer must provide the opening, closing and repacking of each container inspected.
Customs Form, 3299
To clear household goods shipment through U.S. Customs, movers are required to complete a 3299 Customs Form.