Real Estate Meaning Of Terms

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The Ultimate Dictionary of Real Estate Terms You Should Know

Details: Real Estate Terms and Definitions Acceleration clause Also known as an acceleration covenant , this is a contract provision requiring the borrower to repay all of their outstanding loan to a lender if certain requirements -- outlined by the lender -- aren’t met. real estate terms and definitions printable

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Real Estate Terms: 497 Real Property Definitions to Know

Details: The Ultimate Real Estate Glossary: 497 real estate terms that every salesperson should know If you want to become a realtor, than these 497 real estate terms are for you. Use this dictionary as a study guide for the real estate agent exam. real estate vocabulary words printable

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Real Estate legal definition of Real Estate

Details: Real Estate. Land, buildings, and things permanently attached to land and buildings. Also called realty and real property. Real estate is the modern term for land and anything that is permanently affixed to it. Fixtures include buildings, fences, and things attached to buildings, such as plumbing, heating, and light fixtures. real estate vocabulary

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Real Estate: Definition, Types, How the Industry Works

Details: Real estate is the property, land, buildings, air rights above the land and underground rights below the land. The term real estate means real, or physical, property. “Real” comes from the Latin root res, or things. Others say it’s from the Latin word rex, meaning “royal,” since kings used to own all land in their kingdoms. The U.S ... real estate exam vocabulary list

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Real Estate Definition

Details: Real estate is a class of "real property" that includes land and anything permanently attached to it, whether natural or man-made. There are five main categories of real estate: residential ... real estate definition

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Real Estate Agent Glossary Terms | Realestateagent.com

Details: If you aren't familiar with real estate terminology, the words and phrases being thrown about can get pretty confusing. Whether you are a real estate agent looking for clarification on legalese, or a buyer or seller seeking clarification on common terms you are seeing pop up in paperwork, we can help. Our real estate glossary is continually updated with definitions for both oft-used and ... free real estate vocabulary worksheet

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52 essential real estate terms you should know | Opendoor

Details: Additionally, the bank will often market the property “as-is” meaning they are unwilling to make any repairs to the property, which can make financing tricky. REALTOR® An actively licensed real estate agent and REALTOR® are often used interchangeably, although not every real estate agent is a REALTOR®. real estate terms 101

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Real Estate Glossary: Top 29 Real Estate Terms Defined

Details: 25. Real estate agent. A real estate agent is a professional with a real estate license who works under a broker and assists both buyers and sellers in the home-buying process. 26. Real estate broker. A real estate broker is a real estate agent who has passed a state broker’s exam and met a minimum number of transactions.

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Real Estate Glossary | CENTURY 21

Details: Real Estate Glossary There is a lot of real estate terminology used during the home buying and selling process and CENTURY 21® is here to help you understand those terms. We have created a glossary of the most commonly used real estate terms and their definitions in order to help you better understand terminology used along your home buying or ...

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Selling a House As Is: What It Means for Buyers | realtor.com®

Details: Selling a home as is. Technically, when a real estate agent lists a house to sell as is, it means the homeowner is selling the home in its current condition, and will make no repairs or ...

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Real Estate | Definition of Real Estate by Merriam-Webster

Details: Real estate definition is - property in buildings and land. How to use real estate in a sentence.

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Real Estate Terms, Definitions, and Dictionary: Real

Details: Real Estate Terms, Definitions and Dictionary related to real estate licensing and real estate exams.

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REIA - Glossary of Terms

Details: The world of real estate and property terms can sometimes be a confusing one. This free online glossary of real estate terms includes selected terms commonly encountered by both tenants and home purchasers. This is an extract from the more comprehensive Glossary of Property Terms jointly published by the REIA, Property Council of Australia (PCA ...

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What Does 'Pending' Mean in Real Estate? | Millionacres

Details: Real estate has long been the go-to investment for those looking to build long-term wealth for generations. Let us help you navigate this asset class by signing up for our comprehensive real ...

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Listing legal definition of Listing

Details: Listing. An agreement that represents the right of a real estate agent or Broker to handle the sale of real property and to receive a fee or commission for services.. There are various types of real estate listings. A general or open listing is a right to sell that may be given to more than one agent or broker simultaneously. An exclusive agency listing is the right of one real estate agency ...

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What Does 'Contingency' Mean in a Real Estate Listing

Details: However, real estate is generally shown as "pending" in the real estate listing, rather than as having a contingency, if the buyer's only contingency clause is a financing contingency, an ...

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Real estate - Wikipedia

Details: Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.

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Life Estate Definition

Details: Understanding Life Estate . A life estate is the vehicle by which the property owner, or the grantor, transfers legal ownership to another person or the life tenant. In many cases, the grantor and ...

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What is earnest money in real estate? - Redfin

Details: Real Estate Glossary. What is earnest money in real estate? Definition of Earnest Money. Earnest money is the money you pay soon after a home seller has accepted your offer on a home. How much earnest money you pay varies, but it's typically 1%–3% of the sale price of the home. ... Updated January 2020: By searching, you agree to the Terms of ...

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Online Residential & Commercial Real Estate Dictionary

Details: This real estate glossary is one of the most extensive in the industry and is used by many real estate brokers, real estate schools and instructors across the country. While great care and research was undertaken to provide accurate explanations and definitions for the thousands of real estate terms and words, one dictionary cannot be 100% ...

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REAL ESTATE | meaning in the Cambridge English Dictionary

Details: real estate definition: 1. property in the form of land or buildings: 2. property in the form of land or buildings: 3…. Learn more.

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What is real estate? definition and meaning

Details: real estate: Land and anything fixed, immovable, or permanently attached to it such as appurtenances, buildings, fences, fixtures, improvements, roads, shrubs and trees (but not growing crops), sewers, structures, utility systems, and walls. Title to real estate normally includes title to air rights, mineral rights, and surface rights which ...

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The Real Estate Marketplace Glossary: How to Talk the Talk

Details: according to the terms of the loan agree-ment. In the case of a mortgage, the collateral would be the house and real property. Commission: The fee charged for ser-vices performed, usually based on a percentage of the price of the items sold (such as the fee a real estate agent earns on the sale of a house). Commitment Letter: A binding of-

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Real estate financial definition of real estate

Details: Real estate A piece of land and whatever physical property is on it. Real Estate Land and the improvements on it. Real estate is one of the primary (and indeed one of the only) assets whose value does not depreciate over time. Depending on the particular title, ownership of real estate may include mineral rights to any geophysical aspects occurring ...

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Real Estate Glossary - Real Estate, Homes for Sale, MLS

Details: Real Estate Glossary. What is title in real estate? Definition of Title. Title is the right to, or ownership of, a specific real estate property. Buyers get a preliminary title report from an escrow agent or attorney within a week after they reach mutual acceptance on an offer. ... Updated January 2020: By searching, you agree to the Terms of ...

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Real Estate Abbreviations

Details: Browse and search thousands of Real Estate Abbreviations and acronyms in our comprehensive reference resource.

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Real Estate Terms - Real Estate Glossary Terms

Details: Real Estate Terms. Welcome to one of the most in-depth, detailed real estate glossary on the web! Real Estate Mortgage Insurance Real Estate Terms ... The definition of “auction” is derived from the Latin word “auctus” which means “increasing”. A home auction is a sale where bidders place one bid after ...

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Real estate - definition of real estate by The Free Dictionary

Details: Define real estate. real estate synonyms, real estate pronunciation, real estate translation, English dictionary definition of real estate. n. Land, including the resources in and on it, and the buildings and permanent fixtures attached to it. re′al-es·tate′ adj. American Heritage® Dictionary of...

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Urban Dictionary: It's free real estate

Details: A phrase originated from Tim and Eric Awesome Show Great Job! which has since been turned into a popular meme. The phrase can either be expressed literally, in reference to real estate that is "free" (like when a spider inhabits the corner of a room), or figuratively, as to ironically express a "good deal" which is actually an obvious scam.

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Real Estate Glossary | Home Closing 101

Details: Real Estate Glossary. Many terms in real estate are universal throughout the nation. For example “title insurance,” which protects your property against hidden liens or potential ownership issues, always means “title insurance.” However, words describing or relating to the same thing often differ considerably in various parts of the ...

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Real Estate Glossary | What Does it All Mean?

Details: Life estate: An estate or interest in real property held for the duration of the life of some certain person. Limited agent: An agent whose duties and obligations to a principal are only those set forth in C.R.S. 12-61-804 or 12-61-805, with any additional duties and obligations agreed to pursuant to section 12-61-803 (5).

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Common Commercial Lease Agreement Terms and Sections

Details: To help you navigate the real estate jargon and terms you will see in a commercial lease, here are some common office and commercial leasing terms and their general explanations. Some of these terms may be used differently in various regions of the country, so be sure to ask the precise meaning of a term when you are negotiating a lease.

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Estate | Definition of Estate at Dictionary.com

Details: Estate definition, a piece of landed property, especially one of large extent with an elaborate house on it: to have an estate in the country. See more.

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Real Estate Glossary | What Does it All Mean?

Details: Estate (tenancy) at sufferance: An estate in land arising when the tenant wrongfully holds over after the expiration of the tenant's term; the landlord has the choice of evicting the tenant as a trespasser or accepting such tenant for a similar term and under the conditions of the tenant's previous holding.

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Estate | Definition of Estate by Merriam-Webster

Details: Estate definition is - state, condition. How to use estate in a sentence.

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REAL ESTATE AGENT | definition in the Cambridge English

Details: real estate agent meaning: 1. someone who arranges the selling, renting or management of homes, land and buildings for the…. Learn more.

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Commercial Real Estate Glossary - LoopNet.com

Details: Real Estate Syndicate When partners (either with or without unlimited liability) form a partnership to participate in a real estate venture. Real Property Land and any capital improvements (e.g., buildings) erected on the property. Realtor A coined word which may only be used by an active member of a local real estate board, affiliated with the ...

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Real estate professional financial definition of real

Details: real estate professional. Usually refers generically to a trained and licensed person who makes his or her living in some aspect of buying,selling, or managing real estate.The IRS has a specific definition applicable to whether one is exempt from the passive activity rules.

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Real Estate Acronyms and Abbreviations

Details: Browse the list of 2.9k Real Estate abbreviations with their meanings and definitions. List of most popular Real Estate terms updated in August 2020

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What Real Estate Investors Need to Know About Assignment

Details: Real estate has long been the go-to investment for those looking to build long-term wealth for generations. Let us help you navigate this asset class by signing up for our comprehensive real ...

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The Complete Dictionary of Real Estate Terms Explained

Details: The Complete Dictionary of Real Estate Terms is the perfect tool to own and keep as your ready reference. The book contains over 2,400 real estate specific terms, and they are arranged in alphabetical order and clearly and easily defined.

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Chattel Real in Real Estate: Definition & Examples - Video

Details: Definition of Chattel. Chattel is another word for personal property. This could be property such as furniture, livestock, or a tool. In the past, chattel included slaves, wives, and even children.

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Residential real estate Definition | Bankrate.com

Details: Deeper definition. Real estate is the land plus any buildings and resources on that land. Real estate may be used for commercial purposes, like operating a store or an office, or for industrial ...

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100 Real Estate Definitions for Beginner Agents

Details: Yet another real estate definition that’s exactly what you think it is: the period during which you work with your client, agent counterpart, and their client to nail down the terms for closing a home purchase. Closing can take a day or two … or it can drag on for weeks.

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Real Estate Abbreviations - YourDictionary.com

Details: Real Estate By the Letters. Whether you are looking at abbreviations or acronyms for real estate terms, be sure you clearly understand what they mean when referring to a specific piece of real estate. When dealing with real estate, you might also need to know things like the abbreviations for all 50 states or even common measurement abbreviations.

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Closing (real estate) - Wikipedia

Details: Closing (also referred to as completion or settlement) is the final step in executing a real estate transaction.. The closing date is set during the negotiation phase, and is usually several weeks after the offer is formally accepted. On the closing date, the ownership of the property is transferred to the buyer. In most jurisdictions, ownership is officially transferred when a deed from the ...

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What Does "Contingent" Mean In Real Estate? - Inman

Details: In the world of real estate, there are many words that your everyday homebuyer -- and even some real estate agents new to the field -- may not be able to define. One of these terms is ...

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Sales Price & List Price in Real Estate: Definition

Details: This lesson will define both the sales price and list price in real estate. Additionally, an explanation of the ratio between these will be provided.

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