Real Estate Dictionary
Realty Dictionary

Real Estate Words to help you pass your State Exam...

A & D loan  
Abstract of Title  
Abutting  
Acceleration clause  
Acceptance  
Accretion  
Acknowledgement  
Acre  
Acre-foot  
Actual age  
Actual damages  
Actual Notice  
Ad Valorem  
Adjusted basis  
Adjusted purchase price  
Adjusted sales price  
Administrator  
Adverse Possession  
Advisory Board  
Affidavit of Value  
Affirmation of Value  
Agency  
Agency Law  
Agent  
Aggrieved  
Agreement for Sale  
Agreement of Sale  
Agreement to Sell  
Air rights  
Alienation clause  
Allodial system  
ALTA policy  
Amortization  
Amortization schedule  
Annual Percentage Rate  
Appraisal  
Appraiser  
Appurtenance  
Arbitration  
Arrears  
Asking Price  
Assemblage  
Assessed value  
Assessor  
Assign  
Assignee  
Assignor  
Assumption  
Attachment  
Attest  
Attorney at Law  
Attorney General  
Attorney-In-Fact  
Authorization to Sell  
Avulsion  
Backup offer  
Balloon payment  
Bargain and Sale Deed  
Baseline  
Basis  
Beneficial use  
Beneficiary  
Bequeath  
Bequest  
Bilateral  
Bill of Sale  
Binder  
Blanket Mortgage  
Blue Sky Laws  
Bona fide buyer  
Boot  
Breach  
Bridge loan  
Broker  
Brokerage  
Budget payment  
Bulk sale transfer  
By necessity  
By prescription  
Caisson  
Capital gains  
Capital loss  
Capitalization  
Capitalization rate  
Capitalized value  
Carryback  
Cash flow  
Cash throw-off  
Cash-on-cash return  
C-corporation  
Cease and Desist  
Certificate of No Defense  
Certificate of No Set-Off  
Certificate of Sale  
Chattel  
Chattel Mortgage  
Chattel Real  
Check lines  
Client  
Cloud on the Title  
Collateral  
Co-maker  
Commercial Bank  
Commingling  
Commissioner  
Common Law  
Community Property  
Compensation  
Compound  
Concurrent Tenancy  
Conditional Acceptance  
Consideration  
Construction loan  
Constructive Notice  
Contiguous  
Contingency(ies)  
Contour maps  
Contract  
Contract for Deed  
Contract for Sale  
Contract rent  
Conventional Loan  
Convey  
Conveyance  
Cooperating broker  
Corporeal  
Correction Deed  
Correctional lines  
Correlation  
Cost approach  
Co-tenants  
Covenants  
Cubic foot  
Curable  
Curtesy  
Customer  
Debit  
Debt service  
Debt service coverage ratio  
Decedent  
Deed In lieu of Foreclosure  
Deed of Reconveyance  
Deed of Trust  
Deed restrictions  
Default  
Default in Prior Mortgage  
Defeasance clause  
Defeasible fee  
Deferred maintenance  
Deficiency judgment  
Delivery (of Deed)  
Demand  
Demise  
Deposit (deposit receipt)  
Depreciation (appraisal)  
Depreciation (tax)  
Descent  
Designated broker  
Determinable estate  
Devise  
Devisee  
Directional growth  
Disclaimer Deed  
Disclosure  
Discount points  
Discounting  
Docketed Judgment  
Dominant tenement  
Dower  
Down payment  
Draws  
Dual agent  
Due-on-sale clause  
Duress  
Earnest money  
Easement  
Economic life  
Economic rent  
Effective age  
Egress  
Embellishment  
Emblements  
Eminent Domain  
Encroachment  
Encumbrance  
Endorsement  
Enforceable  
Equal Dignity  
Equity  
Equity Participation  
Erosion  
Escalation clause  
Escheat  
Estate  
Estate At sufferance  
Estate At will  
Estate For life  
Estate for years  
Estate In remainder  
Estate In reversion  
Estate Not inheritable  
Estate Of inheritance  
Estoppel  
Estoppel Certificate  
Ethics  
Eviction  
Evidence of Title  
Excess monies  
Exclusive Agency  
Exclusive Right to Sell  
Executed Contract  
Executor  
Executors Deed  
Executory Contract  
Expressed agent  
Expressed Contract  
Fee  
Fee Conditional  
Fee Determinable  
Fee tail  
Felony  
Fiduciary  
Financing statement  
Finder's fees  
First Right of Refusal  
Fixture  
Foreclosure  
Forfeiture  
Forgery  
Fractional sections  
Fraud  
Freehold  
Functional obsolescence  
Gap financing  
Garnishment  
General Agent  
General lien  
General partnership  
General Warranty Deed  
Gift Deed  
Gila and Salt River  
Good consideration  
Goodwill  
Government check  
Government restrictions  
Grand incident  
Grant  
Grantee  
Grantor  
Gross lease  
Gross rent multiplier  
Groundwater  
Guardian  
Habendum Clause  
Hand Money  
Heir  
Hereditament  
Hold Harmless Clause  
Holder in Due Course  
Holdover tenant  
Holographic will  
Homestead  
Hypothecate  
Implied  
Implied Contract  
Impound account  
Improvements  
In gross  
Inchoate lien  
Income approach  
Incompetent  
Incorporeal  
Incurable  
Independent Contractor  
Index lease  
Industrial fruit  
Infancy  
Ingress  
Inheritable Estate  
Installment sale  
Insurance value  
Intangible  
Interest  
Interest only loan  
Interim Financing  
Interstate  
Intrastate  
Involuntary  
Involuntary lien  
IRV  
Joint & Several liability  
Joint tenancy  
Joint venture  
Judgment  
Judicial foreclosure  
Junior Mortgage  
K-1  
Laches  
Land  
Land Contract  
Land lease  
Land loan  
Landlord  
Law of Situs  
Lawful Object  
Lease  
Lease with option  
Leasehold  
Legacy  
Legal Entity  
Legal Rate  
Legal Title  
Legatee  
Less than Freehold Estate  
Lessee  
Lessor  
Letter of credit  
Level payments  
Leverage  
License  
Licensee  
Lien  
Lien Theory  
Lienee  
Lienor  
Life estate  
Life tenant  
Limited partnership  
Liquidated Damages  
Lis Pendens  
Livery of Seizin  
Loan to value ratio  
Locked-in  
Long term capital gain  
Lot Releases  
MAI  
Majority  
Market analysis  
Market price  
Market value  
Master plan  
Material Fact  
Mechanic's Lien  
Meeting of the Minds  
Menace  
Merger  
Meridian  
Metes and bounds  
Mile  
Minor  
Misdemeanor  
Misrepresentation  
Money Market  
Monument  
Moral turpitude  
Moratorium  
Mortgage  
Mortgage Banker  
Mortgage Broker  
Mortgage relief  
Mortgagee  
Mortgagor  
Multiple Listing Service  
Mutual Assent  
Natural fruit  
Negative amortization  
Negative cash flow  
Negotiable instrument  
Neighborhood plan  
Net operating income  
Non-amortizing  
Nonperformance  
Note  
Notice  
Novation  
Nuncupative  
Objective value  
Obligatory advance  
Open listing  
Open-end Mortgage  
Opinion of Value  
Option  
Optionee  
Optionor  
Or More Clause  
Oral Contract  
Origination Fee  
Ostensible  
Over-improvement  
Owner's policy  
P.I.T.I.  
Package Mortgage  
Parol Evidence Rule  
Partition  
Partnership  
Party Wall  
Patent Deed  
Percentage lease  
Perimeter  
Perpetuity  
Personal property  
Personal Representative  
Physical deprecation  
Plottage increment  
Police power  
Possessory rights  
Postdated Checks  
Power of Attorney  
Power of Sale  
Pre-payment penalty  
Prescription  
Price  
Primary market  
Prime Rate  
Principal  
Principal meridian  
Principal Residence  
Prior appropriation  
Priority  
Private controls  
Private Lender  
Probate  
Procuring Cause  
Promissory note  
Property  
Prorations in Escrow  
Prospect  
Public control  
Puffing the goods  
Punitive Damages  
Purchase Money Mortgage  
Quadrangle  
Qualification  
Quiet Enjoyment  
Quiet Title  
Quit Claim Deed  
Range lines  
Ratification  
Real estate  
Real Estate Investment Trust  
Real property  
Recapture  
Recordation  
Recorded plat  
Recording  
Recovery Fund  
Rectangular survey  
Reduction Certificate  
Referee's Deed  
Release clauses  
Reliction  
Relief map  
Remainderman  
Rent  
Renunciation  
Replacement cost  
Replacement reserves  
Reproduction cost  
Reserve Fund  
Residual value  
RESPA  
Reverse leverage  
Reverse mortgage  
Reversionary  
Revocation (Revoke)  
Right of survivorship  
Right of way  
Riparian rights  
Rod  
Row of townships  
Rules and Regulations  
Running with the land  
Sale & Leaseback  
Sales Contract  
Sales Price  
Salesperson  
Salvage value  
Sandwich lease  
Satisfaction of Judgment  
Satisfaction of Mortgage  
SBA  
Scarcity  
S-corporation  
Seasoned  
Secondary financing  
Secret Profit  
Section  
Security  
Security agreement  
Segregate  
Seizin  
Separate property  
Service property  
Servient tenement  
Severalty ownership  
Sheriff's Deed  
Short term capital gain  
Short term loan  
Simple interest  
Single purpose building  
Sinking fund  
Social obsolescence  
Sole and separate  
Sole Proprietorship  
Special (Limited)  
Special Warranty Deed  
Specific lien  
Specific Performance  
Standard policy  
Statute of Frauds  
Statute of Limitations  
Statutory Law  
Straight line  
Straight loan  
Street address  
Sub agent  
Subject to clause  
Subject to the Mortgage  
Subjective value  
Sublease  
Sublessee  
Sublessor  
Subletting  
Subordinate Mortgage  
Subordination  
Surety bond  
Surface water  
Surrender  
Survey  
Survivorship  
Sweat equity  
Syndication  
Take-out loan  
Tangible  
Tax Deed  
Tax shelter  
Tenancy  
Tenancy At sufferance  
Tenancy at Will  
Tenancy by the entirety  
Tenancy In common  
Tenant  
Tenements  
Term loan  
Testate  
Tier lines  
Tight Money  
Time is of the Essence  
Title  
Title Transfer  
Topography  
Torrens Certificate  
Tort  
Township  
Trade fixture  
Transferability  
Treasurer's Deed  
Trust account  
Trust Deed  
Trustee  
Trustee's Deed  
Trustor  
Truth-In-Lending  
UCC  
UCC-1  
Underwriting  
Undivided interest  
Undue Influence  
Unearned increment  
Unenforceable  
Unilateral Contract  
Unities of Title  
Urban  
Usury  
Utility  
Valid  
Value  
Value-in-exchange  
Variable payments  
Variable Rate  
Variance  
Vendee  
Vendor  
Vested  
Void  
Voidable  
Voluntary lien  
Warehousing  
Warranty Deed  
Will  
Without recourse  
Worth  
Yield  
Zoning