Index of real estate articles
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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 general ...
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72-hour clause A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. The 72-hour clause is a seller contingency which allows the ...


A

* Abandonment *
Abstract of title A property abstract is a summary of the legal documents that chronicle transactions associated with a particular parcel of land. Generally included are references to deeds, mortgages, wills, probate records, court litigations, and tax sales—basic ...
*
Acceleration clause Acceleration is defined in law as a shortening of the time period in which something is to take place. The concept of acceleration most often arises within the context of contract law. An acceleration clause, also known as an acceleration covenan ...
* Accession * Acknowledgment *
Acre The acre is a unit of land area used in the imperial Imperial is that which relates to an empire, emperor, or imperialism. Imperial or The Imperial may also refer to: Places United States * Imperial, California * Imperial, Missouri * Imp ...
– a measure of land area * Action to
quiet title Quiet may refer to: * Silence, a relative or total lack of sound In music * The Quiett (born 1985), South Korean rapper * ''Quiet'' (album), a 1996 John Scofield album * "Quiet", a song by Lights, from her album '' The Listening'' (2009) * "Qui ...
*
Ad valorem tax An ''ad valorem'' tax (Latin for "according to value") is a tax whose amount is based on the value of a transaction or of property. It is typically imposed at the time of a transaction, as in the case of a sales tax or value-added tax (VAT). An ...
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ADA Ada may refer to: Places Africa * Ada Foah, a town in Ghana * Ada (Ghana parliament constituency) * Ada, Osun, a town in Nigeria Asia * Ada, Urmia, a village in West Azerbaijan Province, Iran * Ada, Karaman, a village in Karaman Province, Tur ...
*
Adjustable-rate mortgage A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets.Wie ...
(ARM) * Adjusted basis * Administrator/Administratrix * Adverse possession * Agency – Real estate agency,
Buyer brokerage A buyer brokerage or buyer agency is the practice of real estate brokers and their agents representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub-agent. In the United Kingdo ...
* Agent – Real estate agent or broker, Estate agent *
Agreement Agreement may refer to: Agreements between people and organizations * Gentlemen's agreement, not enforceable by law * Trade agreement, between countries * Consensus, a decision-making process * Contract, enforceable in a court of law ** Meeting o ...
* Air rights *
Al Ramz AL, Al, Ål or al may stand for: Arts and entertainment Fictional characters * Al (''Aladdin'') or Aladdin, the main character in Disney's ''Aladdin'' media * Al (''EastEnders''), a minor character in the British soap opera * Al (''Fullmetal ...
* Alienation * Allodial, Allodium *
Allodial title Allodial title constitutes ownership of real property (land, buildings, and fixtures) that is independent of any superior landlord. Allodial title is related to the concept of land held "in allodium", or land ownership by occupancy and defens ...
* Alluvion *
Amenity In property and land use planning, amenity (lat. ''amoenitās'' “pleasantness, delightfulness”) is something considered to benefit a location, contribute to its enjoyment, and thereby increase its value. Tangible amenities can include the ...
* American Land Title Association (ALTA) * Americans with Disabilities Act of 1990 * Amortization calculator * Amortization schedule * Amortizing loan *
Anchor store In retail, an "anchor tenant", sometimes called an "anchor store", "draw tenant", or "key tenant", is a considerably larger tenant in a shopping mall, often a department store or retail chain. They are typically located at the ends of malls. Wit ...
*
Annexation Annexation (Latin ''ad'', to, and ''nexus'', joining), in international law, is the forcible acquisition of one state's territory by another state, usually following military occupation of the territory. It is generally held to be an illegal act ...
* Annual percentage rate *
Apartment An apartment (American English), or flat (British English, Indian English, South African English), is a self-contained housing unit (a type of residential real estate) that occupies part of a building, generally on a single story. There are ma ...
* Appraisal, real estate * Appraised value – An estimate of the present worth of a property * Appreciation * APR * Appurtenance * Appurtenant easement * ARELLO * Arm's length transaction * Arrears * Article 4 of the United States Constitution * Artificial person * Asking price * Assemblage *
Assignee An assignment is a legal term used in the context of the law of contract and of property. In both instances, assignment is the process e whereby a person, the ''assignor'', transfers rights or benefits to another, the ''assignee''.For the assig ...
* Assignment * Assignment of contract * Assignor * Assessed value – The value set upon a property for taxation purposes *
Assessment Assessment may refer to: Healthcare *Health assessment, identifies needs of the patient and how those needs will be addressed *Nursing assessment, gathering information about a patient's physiological, psychological, sociological, and spiritual s ...
*
Association of Real Estate License Law Officials The Association of Real Estate License Law Officials (ARELLO), founded in 1930 in Canada, supports regulatory agencies in the administration and enforcement of real estate license (or registration) laws in their respective jurisdictions. Among its ...
(ARELLO) * Assumable loan * Assumable mortgage * Attorney-at-law *
Attorney-in-fact A power of attorney (POA) or letter of attorney is a written authorization to represent or act on another's behalf in private affairs (which may be financial or regarding health and welfare), business, or some other legal matter. The person auth ...
* Auction * Avulsion *
Assessor An assessor may be: * ''Assessor'' (fish), a genus of fishes * Assessor (law), the assistant to a judge or magistrate * Assessor (Oxford), a senior officer of the University of Oxford * Assessor (property), an expert who calculates the value of pr ...
* Assumption of mortgage


B

* Balance * Balloon mortgage * Bargain-and-sale deed * Baseline – a line that is a base for
measurement Measurement is the quantification of attributes of an object or event, which can be used to compare with other objects or events. In other words, measurement is a process of determining how large or small a physical quantity is as compared ...
or construction, lines that divide north/south or east/west in
surveying Surveying or land surveying is the technique, profession, art, and science of determining the terrestrial two-dimensional or three-dimensional positions of points and the distances and angles between them. A land surveying professional is ca ...
* Basis * Benchmark *
Beneficiary A beneficiary (also, in trust law, '' cestui que use'') in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person ...
* Bequest *
Bhoodan movement The Bhoodan movement (Land Gift movement), also known as the Bloodless Revolution, was a voluntary land reform movement in India. It was initiated by Gandhian Vinoba Bhave in 1951 at Pochampally village, Pochampally The Bhoodan movement attempted ...
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Bilateral contract A contract is a legally enforceable agreement between two or more parties that creates, defines, and governs mutual rights and obligations between them. A contract typically involves the transfer of goods, services, money, or a promise to tran ...
– contract in which only one party makes a promise * Bill of sale * Binder – In law, a binder (also known as an ''agreement for sale'', ''earnest money contract'', ''memorandum of sale'', ''contract to sell'') is a short-form preliminary contract in which the purchaser agrees to buy and the seller agrees to sell certain real estate under stated terms and conditions, usually in the form of a purchase offer, and is enforceable in a court of law and used to secure a real estate transaction until a more formal, fully negotiated contract of sale can be signed. See offer and acceptance. * Blanket loan, Blanket mortgage * Block *
Blockbusting Blockbusting was a business practice in the United States in which real estate agents and building developers convinced white residents in a particular area to sell their property at below-market prices. This was achieved by fearmongering the ho ...
* Boiler insurance * Bona fide purchaser * Book value *
Boot A boot is a type of footwear. Most boots mainly cover the foot and the ankle, while some also cover some part of the lower calf. Some boots extend up the leg, sometimes as far as the knee or even the hip. Most boots have a heel that is cle ...
* Boundary *
Breach of contract Breach of contract is a legal cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance or interference with the other party ...
* Broker * Brokerage – Mortgage broker,
Real estate broker A real estate agent or real estate broker is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agen ...
,
Buyer brokerage A buyer brokerage or buyer agency is the practice of real estate brokers and their agents representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub-agent. In the United Kingdo ...
* Broker's Price Opinion (BPO) * BPO Standards and Guidelines *
Budget A budget is a calculation play, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmenta ...
* Building code * Bundle of rights *
Burlington Company {{No footnotes, date=August 2023 The Burlington Company was a group of eight investors involved in a variety of land transactions, particularly in what is now Otsego County, New York. The company was named after Burlington, New Jersey, where the me ...
*
Buyer brokerage A buyer brokerage or buyer agency is the practice of real estate brokers and their agents representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub-agent. In the United Kingdo ...
*
Buyer's agent A buyer brokerage or buyer agency is the practice of real estate brokers and their agents representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub-agent. In the United Kingdom ...


C

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Canadian Real Estate Association The Canadian Real Estate Association (CREA; , ACI) is a trade association that represents real estate brokers, agents, and salespeople in Canada. CREA's membership includes over 130,000 individuals, working through 90 real estate boards and assoc ...
(CREA) * Capital appreciation *
Capital gain Capital gain is an economic concept defined as the profit earned on the sale of an asset which has increased in value over the holding period. An asset may include tangible property, a car, a business, or intangible property such as shares. ...
* Cap rate, Capitalization rate *
Cash flow A cash flow is a real or virtual movement of money: *a cash flow in its narrow sense is a payment (in a currency), especially from one central bank account to another; the term 'cash flow' is mostly used to describe payments that are expected ...
*
Caveat emptor ''Caveat emptor'' (; from ''caveat'', "may he/she beware", a subjunctive form of ''cavēre'', "to beware" + ''ēmptor'', "buyer") is Latin for "Let the buyer beware". It has become a proverb in English. Generally, ''caveat emptor'' is the contrac ...
*
Certificate of occupancy Certificate may refer to: * Birth certificate * Marriage certificate * Death certificate * Gift certificate * Certificate of authenticity, a document or seal certifying the authenticity of something * Certificate of deposit, or CD, a financial pro ...
* Certified Relocation and Transition Specialist *
Chain A chain is a serial assembly of connected pieces, called links, typically made of metal, with an overall character similar to that of a rope in that it is flexible and curved in compression but linear, rigid, and load-bearing in tension. A c ...
– sequence of linked house purchases *
Chain A chain is a serial assembly of connected pieces, called links, typically made of metal, with an overall character similar to that of a rope in that it is flexible and curved in compression but linear, rigid, and load-bearing in tension. A c ...
– unit of measurement *
Chain of title A chain of title is the sequence of historical transfers of title to a property. It is a valuable tool to identify and document past owners of a property and serves as a property's historical ownership timeline. The "chain" runs from the present o ...
*
Chattel Chattel may refer to: * Chattel, an alternative name for tangible personal property * A chattel house, a type of West Indian dwelling * A chattel mortgage, a security interest over tangible personal property * Chattel slavery, the most extreme form ...
* Chattel mortgage * Cheonse *
City block A city block, residential block, urban block, or simply block is a central element of urban planning and urban design. A city block is the smallest group of buildings that is surrounded by streets, not counting any type of thoroughfare within t ...
* Civil action *
Civil Rights Act of 1866 The Civil Rights Act of 1866 (, enacted April 9, 1866, reenacted 1870) was the first United States federal law to define citizenship and affirm that all citizens are equally protected by the law. It was mainly intended, in the wake of the Amer ...
*
Civil Rights Act of 1968 The Civil Rights Act of 1968 () is a landmark law in the United States signed into law by United States President Lyndon B. Johnson during the King assassination riots. Titles II through VII comprise the Indian Civil Rights Act, which applie ...
*
Clause In language, a clause is a constituent that comprises a semantic predicand (expressed or not) and a semantic predicate. A typical clause consists of a subject and a syntactic predicate, the latter typically a verb phrase composed of a verb with ...
* Client *
Closing costs Closing costs are fees paid at the ''closing'' of a real estate transaction. This point in time called the ''closing'' is when the title to the property is conveyed (transferred) to the buyer. Closing costs are incurred by either the buyer or the ...
*
Closing Closing may refer to: Business and law * Closing (law), a closing argument, a summation * Closing (real estate), the final step in executing a real estate transaction * Closing (sales), the process of making a sale * Closure (business), Closing a ...
* Closing statement * Cloud on a title, Cloud on title * Coinsurance, Coinsurance clause *
Collateral Collateral may refer to: Business and finance * Collateral (finance), a borrower's pledge of specific property to a lender, to secure repayment of a loan * Marketing collateral, in marketing and sales Arts, entertainment, and media * ''Collate ...
*
Color of title In United States law, the term color of law denotes the "mere semblance of legal right," the "pretense or appearance of" right; hence, an action done under color of law adjusts (colors) the law to the circumstance, yet said apparently legal acti ...
* Commercial property * Commingling * Commission * Comprehensive planning for community development * Confiscation * Commitment * Common area * Common law * Community-based planning * Community land trust *
Community planning Urban planning, also known as town planning, city planning, regional planning, or rural planning, is a technical and political process that is focused on the development and design of land use and the built environment, including air, water, ...
* Community property *
Comparables Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish ...
* Compensatory damages, Expectation damages * Competition * Condemnation – building is deemed no longer habitable, government seizure through Eminent domain, or Urban decay *
Condominium A condominium (or condo for short) is an ownership structure whereby a building is divided into several units that are each separately owned, surrounded by common areas that are jointly owned. The term can be applied to the building or complex ...
* Condominiums and the Jewish community * Condominium conversion, Condo conversion * Confidentiality, Confidential information *
Conformity Conformity is the act of matching attitudes, beliefs, and behaviors to group norms, politics or being like-minded. Norms are implicit, specific rules, shared by a group of individuals, that guide their interactions with others. People often choo ...
*
Conservation land trust Conservation land trusts are nonprofit organizations that acquire and steward land or conservation easements for the purpose of achieving environmental, agricultural, recreational, and/or species conservation goals.
*
Consideration Consideration is a concept of English common law and is a necessity for simple contracts but not for special contracts (contracts by deed). The concept has been adopted by other common law jurisdictions. The court in ''Currie v Misa'' declared ...
* Construction loan, Construction mortgage * Constructive eviction * Consumer * Contingency, Contingencies *
Continuing education Continuing education (similar to further education in the United Kingdom and Republic of Ireland, Ireland) is an all-encompassing term within a broad list of post-secondary learning activities and programs. The term is used mainly in the United ...
requirement *
Contour map A contour line (also isoline, isopleth, or isarithm) of a function of two variables is a curve along which the function has a constant value, so that the curve joins points of equal value. It is a plane section of the three-dimensional graph ...
*
Contract for deed A land contract, often described by other terminology listed below, is a contract between the buyer and seller of real property in which the seller provides the buyer financing in the purchase, and the buyer repays the resulting loan in installme ...
* Contract of sale * Contract * Contribution * Conventional mortgage *
Conversion Conversion or convert may refer to: Arts, entertainment, and media * "Conversion" (''Doctor Who'' audio), an episode of the audio drama ''Cyberman'' * "Conversion" (''Stargate Atlantis''), an episode of the television series * "The Conversion" ...
– removal of personal property or building fixtures *
Conversion Conversion or convert may refer to: Arts, entertainment, and media * "Conversion" (''Doctor Who'' audio), an episode of the audio drama ''Cyberman'' * "Conversion" (''Stargate Atlantis''), an episode of the television series * "The Conversion" ...
– process of changing a building to
condominium A condominium (or condo for short) is an ownership structure whereby a building is divided into several units that are each separately owned, surrounded by common areas that are jointly owned. The term can be applied to the building or complex ...
*
Courtesy signing Courtesy (from the word ''courteis'', from the 12th century) is gentle politeness and courtly manners. In the Middle Ages in Europe, the behaviour expected of the nobility was compiled in courtesy books. History The apex of European courtly cu ...
* Covenants * Convey, Conveyance, Conveyancing * Cooling-off period * Cooperating broker *
Cooperative apartment A housing cooperative, or housing co-op, is a legal entity, usually a cooperative or a corporation, which owns real estate, consisting of one or more residential buildings; it is one type of housing tenure. Housing cooperatives are a distinc ...
* Co-op * Co-ownership *
Copyhold Copyhold was a form of customary land ownership common from the Late Middle Ages into modern times in England. The name for this type of land tenure is derived from the act of giving a copy of the relevant title deed that is recorded in the man ...
* Corporation * Corporeal property * Corrective maintenance * Cost basis *
Council housing Public housing in the United Kingdom, also known as council estates, council housing, or social housing, provided the majority of rented accommodation until 2011 when the number of households in private rental housing surpassed the number in so ...
* Counteroffer *
Courtesy tenure Courtesy tenure (or curtesy/courtesy of England) is the legal term denoting the life interest which a widower (i.e. former husband) may claim in the lands of his deceased wife, under certain conditions. The tenure relates only to those lands of ...
* Covenant * Covenant Against Encumbrances * Covenant for Further Assurances * Covenant of Quiet Enjoyment * Covenant of Right to Convey * Covenant of Seisin * Covenant of Warranty * CREA * Credit *
Creditor A creditor or lender is a party (e.g., person, organization, company, or government) that has a claim on the services of a second party. It is a person or institution to whom money is owed. The first party, in general, has provided some property ...
*
Cul-de-sac A dead end, also known as a cul-de-sac (, from French for 'bag-bottom'), no through road or no exit road, is a street with only one inlet or outlet. The term "dead end" is understood in all varieties of English, but the official terminology ...
*
Customer In sales, commerce, and economics, a customer (sometimes known as a client, buyer, or purchaser) is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for ...


D

* Damages for breach of contract *
Datum In the pursuit of knowledge, data (; ) is a collection of discrete values that convey information, describing quantity, quality, fact, statistics, other basic units of meaning, or simply sequences of symbols that may be further interpreted. ...
* Debit * Debt service coverage ratio *
Decedent Death is the Irreversible process, irreversible cessation of all biological process, biological functions that sustain an organism. For organisms with a brain, death can also be defined as the irreversible cessation of functioning of the whol ...
* Declaration of Condominium * Declaration of Restriction * Decree *
Deductible expense Tax deduction is a reduction of income that is able to be taxed and is commonly a result of expenses, particularly those incurred to produce additional income. Tax deductions are a form of tax incentives, along with exemptions and tax credits ...
*
Deed In common law, a deed is any legal instrument in writing which passes, affirms or confirms an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions, sealed. It is commonly associated with transferring ...
* Deed in bargain and sale * Deed in lieu of foreclosure * Deed in trust *
Deed of gift A deed of gift is a signed legal document that voluntarily and without recompense transfers ownership of real, personal, or intellectual property – such as a gift of materials – from one person or institution to another. It should include a ...
* Deed of trust *
Deed restriction A covenant, in its most general sense and historical sense, is a solemn promise to engage in or refrain from a specified action. Under historical English common law, a covenant was distinguished from an ordinary contract by the presence of a se ...
*
Default Default may refer to: Law * Default (law), the failure to do something required by law ** Default (finance), failure to satisfy the terms of a loan obligation or failure to pay back a loan ** Default judgment, a binding judgment in favor of ei ...
* Defeasance clause * Defeasible fee *
Defeasible estate {{Property law A defeasible estate is created when a grantor transfers land conditionally. Upon the happening of the event or condition stated by the grantor, the transfer may be void or at least subject to annulment. (An estate not subject to such ...
* Deficiency – physical condition or construction that is considered sub-standard or below minimum expectations * Deficiency judgment * Delivery and acceptance * Demise *
Department of Housing and Urban Development The United States Department of Housing and Urban Development (HUD) is one of the executive departments of the U.S. federal government. It administers federal housing and urban development laws. It is headed by the Secretary of Housing and Urb ...
(HUD) * Depreciable asset * Depreciated value * Depreciation *
Descent Descent may refer to: As a noun Genealogy and inheritance * Common descent, concept in evolutionary biology * Kinship, one of the major concepts of cultural anthropology **Pedigree chart or family tree **Ancestry **Lineal descendant **Heritage (d ...
* Designated agency, Designated agent * Devise – disposal of real property in a will and testament, or the property itself which has been disposed of * Devisee – beneficiary of a will and testament * Disability * Discount points *
Disintermediation Disintermediation is the removal of intermediaries in economics from a supply chain, or "cutting out the middlemen" in connection with a transaction or a series of transactions. Instead of going through traditional distribution channels, which h ...
* Documentary stamp * Documentary stamp tax * Domania * Dominant estate, Dominant tenement *
Dominant portion The term dominant portion is used in measurement of room spaces for valuation or appraisal purposes. The dominant portion is defined as: *the largest solid or glass area making up the inside finished surface, along a single plane, of the total pe ...
* Dominion Land Survey *
Double closing A double is a look-alike or doppelgänger; one person or being that resembles another. Double, The Double or Dubble may also refer to: Film and television * Double (filmmaking), someone who substitutes for the credited actor of a character * ...
* Dower * Dual agent, Dual agency *
Due-on-sale clause A due-on-sale clause is a clause in a loan or promissory note that stipulates that the full balance of the loan may be called due (repaid in full) upon sale or transfer of ownership of the property used to secure the note. The lender has the righ ...
* Duress


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Earnest money An earnest payment or earnest money is a specific form of security deposit made in some major transactions such as real estate dealings or required by some official procurement processes to demonstrate that the applicant is serious and willing to ...
* Earthquake insurance * Easement * Easement appurtenant * Easement by condemnation * Easement by implication * Easement by necessity * Easement by prescription * Easement in gross * ECOA *
Economic depression An economic depression is a period of carried long-term economical downturn that is result of lowered economic activity in one major or more national economies. Economic depression maybe related to one specific country were there is some economic ...
* Economic rent * Effective demand *
Effective interest rate The effective interest rate (EIR), effective annual interest rate, annual equivalent rate (AER) or simply effective rate is the percentage of interest on a loan or financial product if compound interest accumulates over a year during which no pa ...
* Egress * Egress window * Ejectment * Ejido * Emblements * Eminent domain * Enabling act * Encroachment * Encumbrance * Endorsement – signature on a contract thereby indicating the person's intent to become a party to the contract * Enforceable *
Environmental Protection Agency A biophysical environment is a biotic and abiotic surrounding of an organism or population, and consequently includes the factors that have an influence in their survival, development, and evolution. A biophysical environment can vary in scale f ...
*
Equal Credit Opportunity Act The Equal Credit Opportunity Act (ECOA) is a United States law (codified at et seq.), enacted 28 October 1974, that makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on ...
(ECOA) * Equitable title *
Equity Equity may refer to: Finance, accounting and ownership * Equity (finance), ownership of assets that have liabilities attached to them ** Stock, equity based on original contributions of cash or other value to a business ** Home equity, the dif ...
* Equity of redemption * Escheat * Escrow *
Escrow account An escrow is a contractual arrangement in which a third party (the stakeholder or escrow agent) receives and disburses money or property for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacti ...
* Escrow agent * Escrow instructions * Escrow payment *
Estate Estate or The Estate may refer to: Law * Estate (law), a term in common law for a person's property, entitlements and obligations * Estates of the realm, a broad social category in the histories of certain countries. ** The Estates, representat ...
– legal term for a person's
net worth Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net ...
at any point in time alive or dead *
Estate Estate or The Estate may refer to: Law * Estate (law), a term in common law for a person's property, entitlements and obligations * Estates of the realm, a broad social category in the histories of certain countries. ** The Estates, representat ...
– a very large property (such as
country house An English country house is a large house or mansion in the English countryside. Such houses were often owned by individuals who also owned a town house. This allowed them to spend time in the country and in the city—hence, for these peopl ...
or
mansion A mansion is a large dwelling house. The word itself derives through Old French from the Latin word ''mansio'' "dwelling", an abstract noun derived from the verb ''manere'' "to dwell". The English word '' manse'' originally defined a property l ...
) with houses, outbuildings, gardens, supporting farmland, and woods * Estate agent *
Estate for years A leasehold estate is an ownership of a temporary right to hold land or property in which a lessee or a tenant holds rights of real property by some form of title from a lessor or landlord. Although a tenant does hold rights to real property, a l ...
*
Estate manager A property manager or estate manager is a person or firm charged with operating a real estate property for a fee when the owner is unable to attend to such details personally or is not interested in doing so. The property may be individual title o ...
* Estate tax *
Estoppel Estoppel is a judicial device in common law legal systems whereby a court may prevent or "estop" a person from making assertions or from going back on his or her word; the person being sanctioned is "estopped". Estoppel may prevent someone from ...
* Et al. * Et ux., Et uxor *
Et vir ''Et vir'' is a Latin Latin (, or , ) is a classical language belonging to the Italic branch of the Indo-European languages. Latin was originally a dialect spoken in the lower Tiber area (then known as Latium) around present-day Rome, but th ...
* Evaluation * Eviction * Exclusive agency * Exclusive right to sell * Executed contract * Execution *
Executor An executor is someone who is responsible for executing, or following through on, an assigned task or duty. The feminine form, executrix, may sometimes be used. Overview An executor is a legal term referring to a person named by the maker of a ...
*
Executory contract An executory contract is a contract that has not yet been fully performed or fully executed. It is a contract in which both sides still have important performance remaining. However, an obligation to pay money, even if such obligation is material, d ...
*
Executrix An executor is someone who is responsible for executing, or following through on, an assigned task or duty. The feminine form, executrix, may sometimes be used. Overview An executor is a legal term referring to a person named by the maker of a ...
* Exempt – Grandfather clause that allows a pre-existing condition to continue, Tax exemption that legally excludes income or other value to reduce taxable income * Exercise of option *
Expectation damages Expectation damages are damages recoverable from a breach of contract by the non-breaching party. An award of expectation damages protects the injured party's interest in realising the value of the expectancy that was created by the promise of the ...
* Express contract * Extended coverage


F

*
Fair Housing Act of 1968 The Civil Rights Act of 1968 () is a landmark law in the United States signed into law by United States President Lyndon B. Johnson during the King assassination riots. Titles II through VII comprise the Indian Civil Rights Act, which applie ...
* Fair Housing Amendments Act of 1988 * Fair market value * Fannie Mae * Fed, the * Freddie Mac *
Federal Home Loan Mortgage Corporation The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is a publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons Corner, Virginia.Federal Housing Administration (FHA) * Federal National Mortgage Association (FNMA or Fannie Mae) * Federal Real Estate Board * Federal Reserve System *
Fee simple In English law, a fee simple or fee simple absolute is an estate in land, a form of freehold ownership. A "fee" is a vested, inheritable, present possessory interest in land. A "fee simple" is real property held without limit of time (i.e., perm ...
*
Fee simple absolute In English law, a fee simple or fee simple absolute is an estate in land, a form of freehold ownership. A "fee" is a vested, inheritable, present possessory interest in land. A "fee simple" is real property held without limit of time (i.e., perm ...
* Fee simple determinable *
Fee simple subject to condition subsequent {{Property law A defeasible estate is created when a grantor transfers land conditionally. Upon the happening of the event or condition stated by the grantor, the transfer may be void or at least subject to annulment. (An estate not subject to such ...
* Feudal system as applicable to real estate * FHA * FHA-insured loan * Field Card * Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) *
Fire insurance Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, or bo ...
* FIRREA * First mortgage – as opposed to Second mortgage * Fixed-rate mortgage *
Fixer-upper In real estate vernacular, a fixer-upper is a property that will require repair (redecoration, reconstruction, or redesign), though it usually can be lived in or used as it is. They are popular with buyers who wish to raise the property's potent ...
* Fixture *
Flat-fee MLS Flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the ...
* Flipping * Flood hazard area * Flood insurance *
Foreclosure Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. Formally, a mortg ...
*
Four unities The four unities is a concept in the common law of real property that describes conditions that must exist in order to create certain kinds of property interests. Specifically, these four unities must be met for two or more people to own property ...
*
Fraud In law, fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compens ...
* Freehold *
Freehold estate In English law, a fee simple or fee simple absolute is an estate in land, a form of freehold ownership. A "fee" is a vested, inheritable, present possessory interest in land. A "fee simple" is real property held without limit of time (i.e., pe ...
* For Sale By Owner *
FSBO For Sale By Owner (FSBO) is the process of selling real estate without the representation of a broker or agent. Homeowners may employ the services of marketing or online listing companies or market their own property. Typically, they represent th ...
* Functional obsolescence * Future interest


G

*
General plan Comprehensive planning is an ordered process that determines community goals and aspirations in terms of community development. The end product is called a comprehensive plan, also known as a general plan, or master plan. This resulting document e ...
* General warranty deed * Gentrification * Ginnie Mae * GNMA * Good faith estimate * Government National Mortgage Association (GNMA or Ginnie Mae) *
Graduated payment mortgage A graduated payment mortgage loan, often referred to as GPM, is a mortgage with low initial monthly payments which gradually increase over a specified time frame. These plans are mostly geared towards young people who cannot afford large payments no ...
* Gramdan * Grant bargain and sale deed * Grant *
Grant deed A grant deed is used in some states and jurisdictions for the sale or other transfer of real property from one person or entity to another person or entity. Each party transferring an interest in the property, or "grantor", is required to sign it. ...
* Grantee * Grantor * Green belt * Ground lease *
Ground rent As a legal term, ground rent specifically refers to regular payments made by a holder of a leasehold property to the freeholder or a superior leaseholder, as required under a lease. In this sense, a ground rent is created when a freehold piece of ...


H

* Habendum clause *
Habitable Habitability refers to the adequacy of an environment for human living. Where housing is concerned, there are generally local ordinances which define habitability. If a residence complies with those laws it is said to be habitable. In extreme e ...
* Hard money *
Hard money lenders A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private investors or companies. Interest rates are typically higher tha ...
* Hard money loan *
Hazard insurance Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI), is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insura ...
* Heirs, Heirs and assigns * Hereditament *
Heterogeneous Homogeneity and heterogeneity are concepts often used in the sciences and statistics relating to the uniformity of a substance or organism. A material or image that is homogeneous is uniform in composition or character (i.e. color, shape, siz ...
*
Highest and best use Highest and Best Use, or highest or best use (HBU), is a concept that originated with early economists such as Irving Fisher (1867-1947), who conceptualized the idea of maximum productivity. One of the earliest citations of the term is found in th ...
* (HOA) *
Holographic will A holographic will, or olographic testament, is a will and testament which is a holographic document, i.e. it has been entirely handwritten and signed by the testator. Historically, a will had to be signed by witnesses attesting to the validity ...
* Home construction loan * Home equity line of credit (HELOC) * Home rule * Home-equity debt * Home equity loan * Home inspection – especially Home buyers inspection before
closing Closing may refer to: Business and law * Closing (law), a closing argument, a summation * Closing (real estate), the final step in executing a real estate transaction * Closing (sales), the process of making a sale * Closure (business), Closing a ...
or
Pre-delivery inspection A pre-delivery inspection is an inspection carried out, either by a purchaser or seller, prior to the final delivery of the product. It is used in several industries. Automotive industry In the automotive industry, a pre-delivery inspection is " ...
of new construction * Homeowners association (HOA) *
Homeowner's insurance Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI), is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insura ...
* Homeowner's policy * Home warranty * Homestead * Homestead exemption *
Homogeneous Homogeneity and heterogeneity are concepts often used in the sciences and statistics relating to the uniformity of a substance or organism. A material or image that is homogeneous is uniform in composition or character (i.e. color, shape, siz ...
* Housing association * Housing bubble * Housing tenure * Housing and Urban Development (HUD) *
Housing cooperative A housing cooperative, or housing co-op, is a legal entity, usually a cooperative or a corporation, which owns real estate, consisting of one or more residential buildings; it is one type of housing tenure. Housing cooperatives are a distinc ...
* HUD *
HUD-1 Settlement Statement The HUD-1 Settlement Statement is a standardized mortgage lending form in use in the United States of America on which creditors or their closing agents itemize all charges imposed on buyers and sellers in consumer credit mortgage transactions. The ...
* Hypothecation


I

*
IBC IBC is an initialism that can stand for: Broadcasting *Intercontinental Broadcasting Corporation, Channel 13, Philippines * International Beacon Project, Worldwide network of radio propagation beacons *International Broadcast Centre *International ...
* Illusory offer, Illusory promise * ILSA * ILSFDA * Immobility – immovable
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 general ...
*
Immovable property In English common law, real property, real estate, immovable property or, solely in the US and Canada, realty, is land which is the property of some person and all structures (also called improvements or fixtures) integrated with or affixe ...
* Implied contract *
Implied warranty In common law jurisdictions, an implied warranty is a contract law term for certain assurances that are presumed to be made in the sale of products or real property, due to the circumstances of the sale. These assurances are characterized as war ...
* Improved land * Improvements – Home improvement or
Land improvement Land development is the alteration of landscape in any number of ways such as: * Changing landforms from a natural or semi-natural state for a purpose such as agriculture or House, housing * subdivision (land), Subdividing real estate into Lot (re ...
*
Inspection An inspection is, most generally, an organized examination or formal evaluation exercise. In engineering activities inspection involves the measurements, tests, and gauges applied to certain characteristics in regard to an object or activity. ...
* Income approach for appraisal * Income property – real estate rented out to provide income for the landlord * Income shelter * Incompetent *
Incorporeal Incorporeality is "the state or quality of being incorporeal or bodiless; immateriality; incorporealism." Incorporeal (Greek: ἀσώματος) means "Not composed of matter; having no material existence." Incorporeality is a quality of souls, s ...
property * Indemnification *
Ingress Ingress may refer to: Science and technology * Ingress (signal leakage), the passage of an outside signal into a coaxial cable * Ingress filtering, a computer network packet filtering technique * Ingress protection rating, a protection level that ...
*
Inheritance tax An inheritance tax is a tax paid by a person who inherits money or property of a person who has died, whereas an estate tax is a levy on the estate (money and property) of a person who has died. International tax law distinguishes between an es ...
*
Injunction An injunction is a legal and equitable remedy in the form of a special court order that compels a party to do or refrain from specific acts. ("The court of appeals ... has exclusive jurisdiction to enjoin, set aside, suspend (in whole or in pa ...
* Installment land contract * Installment sale * Interest rate * International Building Code (IBC) *
Internet Data Exchange An Internet Data Exchange (IDX, also known as Information Data Exchange) refers to the agreement between listing (Selling) Agents or Brokers and Buyers' Agents to display Multiple Listing Service properties online, across multiple websites (via ...
(IDX) * Instrument * Insurable interest * Interest * Interstate Land Sales Full Disclosure Act of 1968 (ILSFDA or ILSA) * Intestate *
Intestate succession Intestacy is the condition of the estate of a person who dies without having in force a valid will or other binding declaration. Alternatively this may also apply where a will or declaration has been made, but only applies to part of the estat ...
*
Invalid Invalid may refer to: * Patient, a sick person * one who is confined to home or bed because of illness, disability or injury (sometimes considered a politically incorrect term) * .invalid, a top-level Internet domain not intended for real use As t ...
* Investing in real estate –
Real estate investing Real estate investing involves the purchase, management and sale or rental of real estate for profit. Someone who actively or passively invests in real estate is called a real estate entrepreneur or a real estate investor. Some investors actively ...
, Real estate investment club, Flipping property *
Investment Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing i ...
*
Investment rating for real estate An investment rating of a real estate property measures the property’s risk-adjusted returns, relative to a completely risk-free asset. Mathematically, a property’s investment rating is the return a risk-free asset would have to yield to be term ...
* Investment value * Involuntary alienation * Irrevocable


J

* Jeonse * Joint and several liability * Joint tenancy * Joint venture * Judgment * Judgment lien * Judicial foreclosure * Junior mortgage – smaller mortgage in addition to the primary mortgage; examples: second mortgage, 80-15-5 piggy-back loan, and home equity loan * Jurisdiction


K

*
Key money Key money is one of several forms of payment made to a landlord. The term has various meanings in different parts of the world. It sometimes means money paid to an existing tenant who assigns a lease to a new tenant where the rent is below market. I ...


L

* Laches * Land * Land bank, Land banking * Land contract * Land grant * Land lease *
Land registration Land registration is any of various systems by which matters concerning ownership, possession, or other rights in land are formally recorded (usually with a government agency or department) to provide evidence of title, facilitate transactions, a ...
* Land tenure *
Land Trust Alliance Land Trust Alliance is a nature conservation organization, based in Washington, D.C. The Alliance represents many land trusts across the United States. History Originally formed as the Land Trust Exchange in Boston on February 22, 1982, Allan Spa ...
* Land trust *
Landlocked A landlocked country is a country that does not have territory connected to an ocean or whose coastlines lie on endorheic basins. There are currently 44 landlocked countries and 4 landlocked de facto states. Kazakhstan is the world's largest ...
* Landlord * Law of agency * Lawful * Lease * Lease option * Leaseback * Leasehold * Leasehold estate * Legal capacity *
Legal description A land description location of the written words which delineate a specific piece of real property. Also known as a "Legal Description". In the written transfer of real property, it is universally required that the instrument of conveyance (deed ...
* Legal entity * Legal personality * Legal interest rate – the opposite of Usury * Lenders mortgage insurance * Lessee *
Lessor Lessor may refer to: * Lessor (leasing), the owner of leased property or the agent authorized on the owner's behalf * Lessor, Wisconsin, a town in U.S.A. * Lessor Township, Minnesota, U.S.A. See also * Lesser {{disambig, geo ...
* Leverage * Levy – a
fine Fine may refer to: Characters * Sylvia Fine (''The Nanny''), Fran's mother on ''The Nanny'' * Officer Fine, a character in ''Tales from the Crypt'', played by Vincent Spano Legal terms * Fine (penalty), money to be paid as punishment for an offe ...
as penalty, seizure of debtor's property after judgment, financial charge such as tax * Licensee * Lien * Lienee – property owner who grants the lien *
Lienor A lien ( or ) is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation. The owner of the property, who grants the lien, is referred to as the ''lienee'' and the pers ...
– person who benefit from the lien * Lien holder – person who benefit from the lien * Life estate * Life tenant – owner of a life estate * Like-kind property exchange * Limited liability company (LLC) *
Limited partnership A limited partnership (LP) is a form of partnership similar to a general partnership except that while a general partnership must have at least two general partners (GPs), a limited partnership must have at least one GP and at least one limited ...
*
Liquidated damages Liquidated damages, also referred to as liquidated and ascertained damages (LADs), are damages whose amount the parties designate during the formation of a contract for the injured party to collect as compensation upon a specific breach (e.g., late ...
* Liquidation value * Liquidity * Lis pendens * Listing contract *
Litigation - A lawsuit is a proceeding by a party or parties against another in the civil court of law. The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used in reference to a civil actio ...
* Littoral rights *
LLC A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a ...
* LMI * Loan origination fee * Loan-to-value ratio (LTV) * Location *
Lot Lot or LOT or The Lot or ''similar'' may refer to: Common meanings Areas * Land lot, an area of land * Parking lot, for automobiles *Backlot, in movie production Sets of items *Lot number, in batch production *Lot, a set of goods for sale togethe ...
* Lot and Block survey system *
LTV LTV may refer to: Television * Lagos Television, a TV channel in Nigeria. * Latvijas Televīzija, Latvian Television * LRT televizija, formerly LTV, Lithuanian National Television * LTV Ethiopia, a private satellite TV channel in Ethiopia * Lumi ...


M

* Market * Market analysis *
Market value Market value or OMV (Open Market Valuation) is the price at which an asset would trade in a competitive auction setting. Market value is often used interchangeably with ''open market value'', ''fair value'' or ''fair market value'', although the ...
* Marketable title *
Master plan Master Plan, Masterplan or The Master Plan may refer to: General usage *Master Plan East or Generalplan Ost, a 1941–1945 Nazi plan for genocide and ethnic cleansing in Central and Eastern Europe *Master Plan Neighborhood areas in Detroit, urban ...
for community development * Masters of Real Estate Development * Material fact * Materialman's lien * Mechanic's lien * Meeting of minds * Menace *
Merger Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...
* Metes and bounds * Mill * Millage tax * Mineral lease * Mineral rights * Ministerial act *
Minor Minor may refer to: * Minor (law), a person under the age of certain legal activities. ** A person who has not reached the age of majority * Academic minor, a secondary field of study in undergraduate education Music theory *Minor chord ** Barb ...
* MIP * Misrepresentation * MLS * Mortgage * Mortgage Account Error Correction, see Real Estate Settlement Procedures Act *
Mortgage assumption Mortgage assumption is the conveyance of the terms and balance of an existing mortgage to the purchaser of a financed property, commonly requiring that the assuming party is qualified under lender or guarantor guidelines. All mortgages are potentia ...
* Mortgage bank, Mortgage banker * MGIC * Mortgage insurance premium (MIP) * Mortgage loan * Mortgage broker *
Mortgage Guaranty Insurance Corporation MGIC Investment Corporation ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin. In addition to mortgage insurance, MGIC provides lenders with various underwriting and ...
(MGIC) * Mortgage insurance * Mortgagee – borrower *
Mortgagor A mortgage is a legal instrument of the common law which is used to create a security interest in real property held by a lender as a security for a debt, usually a mortgage loan. ''Hypothec'' is the corresponding term in civil law jurisdict ...
– lender * Multiple Listing Service (MLS) * Mutual agreement *
Mutual assent Meeting of the minds (also referred to as mutual agreement, mutual assent or ''consensus ad idem'') is a phrase in contract law used to describe the intentions of the parties forming the contract. In particular, it refers to the situation where t ...
*
Mutual mistake In contract law, a mistake is an erroneous belief, ''at contracting'', that certain facts are true. It can be argued as a defense, and if raised successfully, can lead to the agreement in question being found void ''ab initio'' or voidable, or a ...
* Mutual savings bank


N

* NAEA * NAR * NAREB *
National Association of Estate Agents NAEA Propertymark (formerly National Association of Estate Agents or NAEA) is a membership organisation for estate agents (called ''real estate brokers'' in the US). It is based in and covers the UK. It is the UK's leading professional body for ...
(NAEA) *
National Association of Real Estate Brokers The National Association of Real Estate Brokers (NAREB) was established on July 29, 1947, making it the oldest minority business association in the Americas. NAREB was created by African American real estate professionals as an alternative space fo ...
(NAREB) *
National Association of Realtors The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. It has over 1.4 million members, making it one of the biggest trade associations in the USA including NAR's institutes, so ...
(NAR) * National Environmental Policy Act (NEPA) * National Flood Insurance Program * Negative amortization * Negligence * NEPA *
Net income In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, a ...
* Net lease * Net operating income * Notary Public * Note *
Niche real estate Niche real estate refers to specialized sectors of the property market. Examples include income property, garden real estate, condos, equestrian property, vacation property, farm property, golf property, golf course redevelopment, waterfront ho ...
*
Nonconforming use Nonconforming use in urban planning is a type of zoning variance where a parcel of land may be given an exception from current zoning ordinances due to improvements made by a prior owner or before the current zoning ordinances made the desired use ...
* Notice of lis pendens * Novation * Null and void


O

*
Obligee A contract is a legally enforceable agreement between two or more parties that creates, defines, and governs mutual rights and obligations between them. A contract typically involves the transfer of goods, services, money, or a promise to tr ...
* Obligor * Obsolescence * Occupancy *
Offer Offer or offers may refer to: People * Ofer Eshed or Offer Eshed (1942-2007), Israeli basketball player * Offer Nissim (born 1964), Israeli house DJ * Avner Offer, economic historian * Dick Offer, English rower * Jack Offer, English rower * Stev ...
* Offer and acceptance *
Offeree Offer and acceptance are generally recognised as essential requirements for the formation of a contract, and analysis of their operation is a traditional approach in contract law. The offer and acceptance formula, developed in the 19th century, id ...
*
Offeror Offer and acceptance are generally recognised as essential requirements for the formation of a contract, and analysis of their operation is a traditional approach in contract law. The offer and acceptance formula, developed in the 19th century, id ...
* Open listing or Open agency * Operation of law *
Option Option or Options may refer to: Computing *Option key, a key on Apple computer keyboards *Option type, a polymorphic data type in programming languages *Command-line option, an optional parameter to a command *OPTIONS, an HTTP request method ...
*
Ordinance Ordinance may refer to: Law * Ordinance (Belgium), a law adopted by the Brussels Parliament or the Common Community Commission * Ordinance (India), a temporary law promulgated by the President of India on recommendation of the Union Cabinet * ...
* OREO *
Origination fee An origination fee is a payment associated with the establishment of an account with a bank, broker or other company providing services handling the processing associated with taking out a loan. An origination fee is typically a set amount for any ...
* Other Real Estate Owned (OREO) *
Outdated Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
* Overimprovement – building and
land improvement Land development is the alteration of landscape in any number of ways such as: * Changing landforms from a natural or semi-natural state for a purpose such as agriculture or House, housing * subdivision (land), Subdividing real estate into Lot (re ...
s that far surpass other local properties * Owner-occupancy *
Ownership Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible. Ownership can involve multiple rights, collectively referred to as title, which may be separated and held by different ...


P

* Parol evidence rule *
Participation mortgage A participation mortgage or participating mortgage is a mortgage loan, or sometimes a group of them, in which two or more persons have fractional equitable interests. In this arrangement the lender, or mortgagee, is entitled to share in the rental ...
*
Partition Partition may refer to: Computing Hardware * Disk partitioning, the division of a hard disk drive * Memory partition, a subdivision of a computer's memory, usually for use by a single job Software * Partition (database), the division of a ...
* Partnership *
Party wall A party wall (occasionally parti-wall or parting wall, also known as common wall or as a demising wall) is a dividing partition between two adjoining buildings that is shared by the occupants of each residence or business. Typically, the builder ...
*
Peak land value intersection A peak land value intersection is the region within a town, settlement with the greatest land value and commerce. As such, it is usually located in the central business district of a town or city, and has the greatest density of transport links such ...
* Perc test, Percolation test * Percolation *
Personal property property is property that is movable. In common law systems, personal property may also be called chattels or personalty. In civil law systems, personal property is often called movable property or movables—any property that can be moved fr ...
* PITI * Planned community * Plat *
Pledge Pledge may refer to: Promises * a solemn promise * Abstinence pledge, a commitment to practice abstinence, usually teetotalism or chastity * The Pledge (New Hampshire), a promise about taxes by New Hampshire politicians * Pledge of Allegianc ...
*
Plottage Plottage is the increase in value realized by combining adjacent parcels of land A cadastre or cadaster is a comprehensive recording of the real estate or real property's metes-and-bounds of a country.Jo Henssen, ''Basic Principles of the Main ...
* PLSS * PMI *
Pocket listing In the real estate industry in the United States, a pocket listing or hip pocket listing is a property where a broker sells a property through private connections rather than entering it into a multiple listing system (MLS) or otherwise publicly a ...
*
Points Point or points may refer to: Places * Point, Lewis, a peninsula in the Outer Hebrides, Scotland * Point, Texas, a city in Rains County, Texas, United States * Point, the NE tip and a ferry terminal of Lismore, Inner Hebrides, Scotland * Point ...
* Police power * Population density * Positive misrepresentation * Power of attorney *
Pre-delivery inspection A pre-delivery inspection is an inspection carried out, either by a purchaser or seller, prior to the final delivery of the product. It is used in several industries. Automotive industry In the automotive industry, a pre-delivery inspection is " ...
*
Prepaid expenses A deferral, in ''accrual accounting'', is any account where the income or expense is not recognised until a future date (accounting period), e.g. annuities, charges, taxes, income, etc. The deferred item may be carried, dependent on type of de ...
* Prepayment penalty * Prescription *
Prescriptive easement An easement is a nonpossessory right to use and/or enter onto the real property of another without possessing it. It is "best typified in the right of way which one landowner, A, may enjoy over the land of another, B". An easement is a propert ...
* Preventive maintenance * Price fixing *
Pricing Pricing is the process whereby a business sets the price at which it will sell its products and services, and may be part of the business's marketing plan. In setting prices, the business will take into account the price at which it could acqui ...
*
Prima facie ''Prima facie'' (; ) is a Latin expression meaning ''at first sight'' or ''based on first impression''. The literal translation would be 'at first face' or 'at first appearance', from the feminine forms of ''primus'' ('first') and ''facies'' (' ...
*
Prima facie case ''Prima facie'' (; ) is a Latin expression meaning ''at first sight'' or ''based on first impression''. The literal translation would be 'at first face' or 'at first appearance', from the feminine forms of ''primus'' ('first') and ''facies'' (' ...
* Primary residence * Prime rate * Principal – the amount of money owed on a mortgage loan * Principal meridian *
Principal residence Principal may refer to: Title or rank * Principal (academia), the chief executive of a university ** Principal (education), the office holder/ or boss in any school * Principal (civil service) or principal officer, the senior management level in ...
*
Private equity real estate Private equity real estate is a term used in investment finance to refer to a specific subset of the real estate investment asset class. Private equity real estate refers to one of the four quadrants of the real estate capital markets, which incl ...
* Private mortgage insurance (PMI) *
Private property Private property is a legal designation for the ownership of property by non-governmental legal entities. Private property is distinguishable from public property and personal property, which is owned by a state entity, and from collective or ...
* Privity of contract *
Probate Probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased, or whereby the estate is settled according to the laws of intestacy in the sta ...
*
Profit à prendre A profit (short for ''profit-à-prendre'' in Middle French for "advantage or benefit for the taking"), in the law of real property, is a nonpossessory interest in land similar to the better-known easement, which gives the holder the right to ...
*
Promissory note A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the ''maker'' or ''issuer'') promises in writing to pay a determinate sum of ...
* Promulgate, Promulgation * Property management *
Property manager A property manager or estate manager is a person or firm charged with operating a real estate property for a fee when the owner is unable to attend to such details personally or is not interested in doing so. The property may be individual title o ...
* Proration * Provision * Public housing * Public property * Public Land Survey System (PLSS) * Public record * Public utility * Punitive damages *
Pur autre vie In property law of countries with a common law background, including the United States and some Canadian provinces, pur autre vie (Law French for "for another slife") is a duration of a proprietary freehold interest in the form of a variant of a li ...


Q

* Quarter section *
Quiet enjoyment Nuisance (from archaic ''nocence'', through Fr. ''noisance'', ''nuisance'', from Lat. ''nocere'', "to hurt") is a common law tort. It means that which causes offence, annoyance, trouble or injury. A nuisance can be either public (also "common") ...
*
Quiet title Quiet may refer to: * Silence, a relative or total lack of sound In music * The Quiett (born 1985), South Korean rapper * ''Quiet'' (album), a 1996 John Scofield album * "Quiet", a song by Lights, from her album '' The Listening'' (2009) * "Qui ...
* Quiet title action *
Quiet title Quiet may refer to: * Silence, a relative or total lack of sound In music * The Quiett (born 1985), South Korean rapper * ''Quiet'' (album), a 1996 John Scofield album * "Quiet", a song by Lights, from her album '' The Listening'' (2009) * "Qui ...
proceeding * Quitclaim deed


R

* Racial steering * Rate of return * Ratification *
Ratify Ratification is a principal's approval of an act of its agent that lacked the authority to bind the principal legally. Ratification defines the international act in which a state indicates its consent to be bound to a treaty if the parties inten ...
* Rating for real estate investment * Real estate * Real estate agency * Real estate agent * Real estate appraisal (property valuation, land valuation) * Real estate benchmarking *
Real estate broker A real estate agent or real estate broker is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agen ...
* Real estate brokerage * Real estate bubble *
Real estate contract A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate. The sale of land is governed by the laws and practices of the jurisdiction in which the land is located. Real estate ca ...
* Real estate development *
Real estate economics Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related field of housing economics is narrower in scope, conc ...
* Real estate investment trust (REIT) * Real Estate Owned (REO) * Real estate salesperson * Real Estate Settlement Procedures Act (RESPA) * Real estate trading * Real estate trends *
Real property In English common law, real property, real estate, immovable property or, solely in the US and Canada, realty, is land which is the property of some person and all structures (also called improvements or fixtures) integrated with or affixe ...
*
Realtor A real estate agent or real estate broker is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and agen ...
* Recording *
Recourse note Nonrecourse debt or a nonrecourse loan (sometimes hyphenated as non-recourse) is a secured loan (debt) that is secured by a pledge of collateral, typically real property, but for which the borrower is not personally liable. If the borrower defaul ...
* Recovery and Enforcement Act (Financial Institutions Reform, Recovery, and Enforcement Act of 1989, FIRREA) *
Redemption Redemption may refer to: Religion * Redemption (theology), an element of salvation to express deliverance from sin * Redemptive suffering, a Roman Catholic belief that suffering can partially remit punishment for sins if offered to Jesus * Pi ...
*
Redlining In the United States, redlining is a discriminatory practice in which services (financial and otherwise) are withheld from potential customers who reside in neighborhoods classified as "hazardous" to investment; these neighborhoods have signif ...
* Refinancing * Regress *
Regulation Z The Truth in Lending Act (TILA) of 1968 is a United States federal law designed to promote the informed use of consumer credit, by requiring disclosures about its terms and cost to standardize the manner in which costs associated with borrowing ...
* REIT * Reject * Remainder * Remainderman * Remise *
Rent Rent may refer to: Economics *Renting, an agreement where a payment is made for the temporary use of a good, service or property *Economic rent, any payment in excess of the cost of production *Rent-seeking, attempting to increase one's share of e ...
* Rent-back agreement, Rent-back clause * REO * Replacement cost, Replacement value *
Repossession Repossession, colloquially repo, is a "self-help" type of action, mainly in the United States, in which the party having right of ownership of the property in question takes the property back from the party having right of possession without in ...
*
Rescission Rescission is the noun form of the verb "to rescind." It may refer to: * Rescission (contract law) * Rescission bill, a procedure to rescind previously appropriated funding in the United States * A synonym for repeal in parliamentary procedure * ...
* Resident manager – Estate manager, Property manager, Building superintendent * Residual income *
Restrictive covenant A covenant, in its most general sense and historical sense, is a solemn promise to engage in or refrain from a specified action. Under historical English common law, a covenant was distinguished from an ordinary contract by the presence of a se ...
* Revaluation of fixed assets * Reverse mortgage, Reverse annuity mortgage * Reversion * Reversionary interest * Revocation *
RICS The Royal Institution of Chartered Surveyors (RICS) is a global professional body for surveyors, founded in London in 1868. It works at a cross-governmental level, and aims to promote and enforce the highest international standards in the val ...
* Right of first refusal *
Right of redemption The right of redemption, in the law of real property, is the right of a debtor whose real property has been foreclosed upon and sold to reclaim that property if they are able to come up with the money to repay the amount of the debt. Most U.S. state ...
* Right of survivorship * Right to emblements * Riparian rights, Riparian water rights * Risk management * Royal Institution of Chartered Surveyors (RICS) * Run with the land


S

*
S corporation An S corporation, for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal ...
* Sale and leaseback *
Sales contract A contract of sale, sales contract, sales order, or contract for sale is a legal contract for the purchase of assets (goods or property) by a buyer (or purchaser) from a seller (or vendor) for an agreed upon value in money (or money equivalent). ...
* Salesperson – Estate agent, Real estate agent * Salvage value *
SAM Sam, SAM or variants may refer to: Places * Sam, Benin * Sam, Boulkiemdé, Burkina Faso * Sam, Bourzanga, Burkina Faso * Sam, Kongoussi, Burkina Faso * Sam, Iran * Sam, Teton County, Idaho, United States, a populated place People and fictional ...
* Savings and loan association * Scarcity * Scavenger sale * Second mortgage * Secondary mortgage * Secondary mortgage market * Section – unit of land: 640 acres in the U.S., 1 square mile plots in Western Canada, the Alberta Township System *
Securitization Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling ...
*
Security deposit A security deposit is a sum of money held in trust law, trust either as an initial part-payment in a purchasing process (often used to prevent the seller's selling an item to someone else during an agreed period of time while the buyer verifies the ...
* Seisin * Seizing * Self-build mortgage *
Seller agency Sales are activities related to selling or the number of goods sold in a given targeted time period. The delivery of a service for a cost is also considered a sale. The seller, or the provider of the goods or services, completes a sale in ...
* Separate property * Servient estate, Servient tenement * Setback * Settlement costs * Settlement statement *
Settlement Settlement may refer to: *Human settlement, a community where people live *Settlement (structural), the distortion or disruption of parts of a building *Closing (real estate), the final step in executing a real estate transaction *Settlement (fina ...
*
Shared appreciation mortgage A shared appreciation mortgage or SAM is a Mortgage loan, mortgage in which the lender agrees to receive some or all of the repayment in the form of a share of the increase in value (the appreciation) of the property. In the UK A shared appreciat ...
(SAM) * Sheriff's deed * Situs * Sole proprietorship * Special agent – person acting under a Power of attorney * Special assessment, Special assessment tax *
Special warranty deed Special or specials may refer to: Policing * Specials, Ulster Special Constabulary, the Northern Ireland police force * Specials, Special Constable, an auxiliary, volunteer, or temporary; police worker or police officer Literature * ''Speci ...
*
Special flood hazard area A Special Flood Hazard Area (SFHA) is an area identified by the United States Federal Emergency Management Agency (FEMA) as an area with a special flood or mudflow A mudflow or mud flow is a form of mass wasting involving fast-moving flow of de ...
*
Specific performance Specific performance is an equitable remedy in the law of contract, whereby a court issues an order requiring a party to perform a specific act, such as to complete performance of the contract. It is typically available in the sale of land law, ...
*
Speculation In finance, speculation is the purchase of an asset (a commodity, good (economics), goods, or real estate) with the hope that it will become more valuable shortly. (It can also refer to short sales in which the speculator hopes for a decline i ...
* Spot zoning *
Squatter's rights Adverse possession, sometimes colloquially described as "squatter's rights", is a legal principle in the Anglo-American common law under which a person who does not have legal title to a piece of property—usually land ( real property)—may ...
* Starker exchange, Starker Trust * Starter home *
Statute of Frauds The Statute of Frauds (29 Car 2 c 3) (1677) was an Act of the Parliament of England. It required that certain types of contracts, wills, and grants, and assignment or surrender of leases or interest in real property must be in writing and sign ...
* Statute of limitations * Statutory
foreclosure Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. Formally, a mortg ...
* Steering *
Stigmatized property In real estate, stigmatized property is property that buyers or tenants may shun for reasons that are unrelated to its physical condition or features. These can include death of an occupant, murder, suicide, and even the belief that a house is haun ...
* Straight–line depreciation * Strata title *
Strict foreclosure Strict foreclosure in the law of security interests in the United States, is the foreclosure of personal property that is subject to such an interest. This is permitted under Article 9 of the Uniform Commercial Code. The secured party in a strict ...
* Style obsolescence *
Sub-agent Sub-agent (Sub-agency) is a real estate term in the United States and Canada describing the relationship which a real estate broker and his/her agents have with a buyer of a business, home, or property. About sub-agents Lasting until the early 199 ...
*
Subdivision Subdivision may refer to: Arts and entertainment * Subdivision (metre), in music * ''Subdivision'' (film), 2009 * "Subdivision", an episode of ''Prison Break'' (season 2) * ''Subdivisions'' (EP), by Sinch, 2005 * "Subdivisions" (song), by Rus ...
* Subdivision lot block and tract * Subject-to * Sublease * Sublet *
Subordination Subordination may refer to *Subordination in a hierarchy (in military, society, etc.) ** Insubordination, disobedience *Subordination (linguistics) * Subordination (finance) * Subordination agreement, a legal document used to deprecate the claim ...
*
Subordination agreement A subordination agreement is a legal document used to make the claim of one party junior to (or inferior to) a claim in favor of another. It is generally used to grant first lien status to a lienholder A lien ( or ) is a form of security inte ...
* Supply and demand * Survivorship * Sweat equity


T

* Tacking (law), Tacking * Tax assessment * Tax basis * Tax credit * Tax sale * Tax shelter * Deductible expense, Tax-deductible expense * Internal Revenue Code section 1031, Tax-deferred exchange * Tenancy by the entirety * Tenancy in common * Leasehold estate, Tenant * Tenements * Testate – opposite of Intestacy, Intestate * Testator * Testatrix * Theory of value (economics), Theory of value * Truth in Lending Act, TILA * Timeshare * Title (property), Title * Title insurance * Torrens title * Truth in Lending Act of 1968 (TILA) * Township * Land lot, Tract * Trespasser * Trust deed (real estate), Trust deed * Trust deed investment company * Land trust, Trust * Trustee * Settlor, Trustor


U

* Uniform Commercial Code, UCC * Underimprovement – building and
land improvement Land development is the alteration of landscape in any number of ways such as: * Changing landforms from a natural or semi-natural state for a purpose such as agriculture or House, housing * subdivision (land), Subdividing real estate into Lot (re ...
s that are far below the level of other local properties * Underwriting * Undisclosed principal * Undivided interest * Undue influence * Unencumbered property – a property without any encumbrance * Unenforceable contract * Uniform Commercial Code (UCC) * Uniform Standards of Professional Appraisal Practice (USPAP) * Equitable conversion#Uniform Vendor and Purchaser Risk Act, Uniform Vendor and Purchaser Risk Act (UVPRA) * Contract#Elements, Unilateral contract – contract in which all parties make promises * Misrepresentation#Types of misrepresentation, Unintentional misrepresentation – also called innocent misrepresentation * Four unities, Unities * Unlike-kind property exchange – opposite of Like-kind exchange * Uniform Standards of Professional Appraisal Practice, USPAP * United States housing bubble * Urban renewal * Urban sprawl * Urban Land Institute * Usufruct * Usury * Public utility, Utility


V

* VA loan * Valuable consideration * Real estate appraisal, Valuation * Exchange value, Value in exchange * Value-in-use, Value in use * Value theory * Market value, Value * Variance (land use), Variance * Vendee – buyer of goods or services * Vendor – supplier/seller of goods or services * Vicarious liability * Void contract * Voidable contract * Alienation (property law), Voluntary alienation


W

* Warranty deed * Warranty deed, Warranty of title * Waste (law), Waste * With reserve – in an auction, the price ("reservation price" or "reserve") below which the seller will not sell the item/property * Words of conveyance * Wraparound mortgage * Writ of attachment


Y

* Yield (finance), Yield * Yield spread premium


Z

* Zoning * Zoning, Zoning map * Zoning ordinance – local ordinance that controls Zoning, land use and buildings


External links

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