6 hours ago GLOSSARY OF REAL ESTATE TERMS A Abstract of Title - A summary of al1 of the recorded instruments and proceedings which affect the title to property, arranged in the order in which they were recorded. Accretion - The addition of land through processes of nature, as by water or wind. Accrued Interest - Accrue; to grow; to be added to. Accrued interest is interest
6 hours ago and protects consumers, has prepared this glossary to help you better understand the terms commonly used in the real estate and mortgage marketplace. Annual Percentage Rate (APR): The cost of Appraisal: A professional analysis used a loan or other financing as an annual rate. to estimate the value of the property.
4 hours ago Real Estate Glossary. There is a lot of real estate terminology used during the home buying and selling process and CENTURY 21® is here to help you understand those terms. We have created a glossary of the most commonly used real estate terms and their definitions in order to help you better understand terminology used along your home buying
2 hours ago Glossary of Real Estate Terms 80-10-10 A type of blended mortgage loan which avoids private mortgage insurance (PMI). It consists of an 80% - 30 year first lien at market rates, a 10% - 15 year second lien at a slightly higher interest rate, and a 10% down payment. Instead of having to come up with a 20% down payment, a buyer
8 hours ago Real Estate Glossary. Many terms in real estate are universal throughout the nation. For example “title insurance,” which protects your property against hidden liens or potential ownership issues, always means “title insurance.” However, words describing or relating to the same thing often differ considerably in various parts of the
9 hours ago GLOSSARY OF REAL ESTATE & FINANCIAL TERMS 3 . Contract Type A contract between an independent living resident and a property guaranteeing a care structure if additional care is needed, as well as future payments for the increased level of care.
2 hours ago Study all of the important real estate glossary terms and definitions, and pass with confidence! A B C D E F G H I J K L M N O P Q R S T U V W X Y Z # A A Horizon A-Frame A.B.A. (American Bar Association) A.I.R. (American Industrial Real Estate Association) A.L.T.A. (American Land Title Association) AAA Tenant Aba Number Abandonment
8 hours ago course of a real estate transaction. Because everyday dinner table discussion in Spanish does not include use of technical fi nancial terms, this glossary diff erentiates itself by further providing colloquialisms which many consumers might use in conversation with …
9 hours ago Real Estate for Sale ˃ Comox Valley ˃ NEWS & TIPS > Glossary Informative Real Estate Topics Market Updates Laws and Regulations Questions and Answers Market Statistics Homeowner Tips Energy Efficient Homes. A British Columbia Real Estate Glossary of Real Estate Terms & Phrases. This British Columbia real estate glossary includes many of the …
3 hours ago Glossary of Commercial Real Estate Terms (Encyclopedia of Real Estate Terms 2nd Edition, Damien Abbott) Breakpoint The sales threshold over which percentage rent is due. It is calculated by dividing the annual base rent by the negotiated percentage applied to the tenant’s gross sales.
6 hours ago The following real estate glossary is a handy reference for aspiring real estate agents, nervous home buyers (or sellers), or anyone who’s curious about the industry. 1. Adjustable-rate mortgage There are two types of conventional loans: the fixed-rate and the adjustable-rate mortgage.
Just Now Glossary of Real Estate Terms (Note: For additional definitions, see A.R.S. § 32-2101. Definitions) Accelerated Settlement Agreement Process (ASAP) – a form of settlement of an Enforcement and Compliance case in which the Respondent admits to the charges and pays a civil penalty. The ASAP is generally a one page document.
Buying Mexican Real Estate – Some Common Real Estate Terms. Posted by MexLaw. in Legal Services, MexLaw, Real Estate. Closing Date. The closing date or completion date is the day the property is transfer to the buyer, and the title deed is signed. Condominium Regime.
Types of Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles ...