Glossary | AllAboutSkyscrapers.com

Glossary

Rectangular survey system

Real estate mortgage investment conduit

Purchase money mortgage

Real estate license law

Real estate investment trust

Public ownership

Real estate investment syndicate

Real estate inspector

Property manager

Real Estate Center

Ready, willing, and able buyer

Promulgated contracts

Promissory note

Rural Development

Risk management

Professional inspector

Riparian rights

Reversionary right

Private mortgage insurance

Prior appropriation

Reverse annuity mortgage

Principle of conformity

Residential rental locator

Principal meridian

Renters insurance

Remainder interest

Release of lien

Primary mortgage market

Power of sales clause

Power of attorney

Point of beginning

Sole proprietorship

Planned unit development

Shared appreciation mortgage

Physical deterioration

Servient tenement

Sellers Disclosure Notice

Personal property

Periodic estate

Satisfaction of mortgage

Percentage lease

Salesperson annual education

Sales comparison approach

Sale and leaseback

Subjective value

Straight line method

Package mortgage

Statute of limitations

Statue of frauds

Ostensible agency

Specific performance

Origination fee

Special assessment

Open end mortgage

Offer and acceptance

Objective value

Nuncupative will

Nonresident broker

Nonrecourse note

Nonconforming use

Surety bail bond

Suit to quiet title

Subsurface rights

National association of realtors

Subordination agreement

Multiple listing

Multiperil policies

Mortgage broker

Mortgage backed securities

Monetary policy

Mitigate damages

Title commitment

Tenancy at will

Tenancy at sufferance

Misrepresentation

Metes and bounds description

Variable rate mortgage

Unity of ownership

Market data approach to the value

Unilateral contract

Marketable title

Uniform Settlement Statement

Uniform Commercial Code

Wraparound mortgage

Writ of possession

Writ of execution

Workers compensation insurance

Warranty clause

Mandatory continuing education

Warehousing agency

Management agreement

Unenforceable contract

Lot and block description

Voluntary alienation

Voidable contract

Locational obsolescence

Littoral rights

Listing agreement

Zoning ordinance

Zoning board of adjustment

Liquidated damages

Limited partnership

Limited liability company

Like kind property

Liability coverage

Legal description

Leasehold estate

Last will and testament

Involuntary lien

Involuntary alienation

Intrinsic value

Interstate land sales full disclosure act

Internal revenue service tax lien

Intermediary broker

Interim financing

Interest only loan

Insurable title

Installment sale

Installment contract

Inheritance taxes

Independent contractor

Incorporeal right

Income approach

Implied contract

Home mortgage disclosure act

Holographic will

Holdover tenancy

Highest and best use

Habitability statue

Habendum clause

Groundwater rights

Gross rent multiplier

Gross income multiplier

Grantor indexes

Graduated payment mortgage

Government survey system

Government national mortgage association

Good faith estimate

Good and indefeasible title

General partnership

Future interest

Functional obsolescence

Fully amortized loan

Freehold estate

Forcible entry and detainer

Flexible payment loan

Fire and extended coverage insurance

Financing statement

Fiduciary relationship

Fee simple subject to a condition subsequent

Fee simple estate

Federal reserve system

Federal national mortgage association

Federal judgment lien

Federal home loan mortgage corporation

Federal emergency management agency

Federal agricultural mortgage corporation

Farm service agency

Fair housing acct of 1968

Extraterritorial jurisdiction

External obsolescence

Express contract

Executory contract

Executed contract

Exclusive agency

Evidence of title

Estoppel certificate

Estimate of value

Estate from period to period

Estate for years

Equitable title

Equitable right of redemption

Equal opportunity in housing

Equal Credit Opportunity Act

Employment contract

Easement in gross

Easement by prescription

Easement by necessity

Easement by implication

Easement appurtenant

Earnest Money Deposit

Cost approach to value

Corporeal right

Conventional loan

Contract for deed

Constructive notice

Conditional use permit

Computerized loan origination

Comprehensive plan

Competitive market analysis

Competent parties

Community Reinvestment Act

Community property right of survivorship

Community property

Common elements

Coinsurance clause

Cloud on the title

Closing statement

Civil Rights Act of 1966

Casualty insurance

Capitalization rate

Capital investment

Buyer representation agreement

Buydown mortgage

Business interruption insurance

Bundle of legal rights

Building permit

Broker associate

Breach of contract

Blanket mortgage

Biweekly payment plan

Balloon payment

Automatic extension

Assumption of mortgage

Assessment roll

Apprentice inspector

Appraised value

Appraisal review board

Appointed licensee

Amount realized on sale

Americans with Disabilities Act

Allodial system

Alienation clause

Agency by ratification

Adverse possession

Adjusted sales price

Adjustable rate mortgage

Acknowledgement

Acceleration clause

Abstract of title with lawyers opinion

Abstract of title