A

• Abstract of title
• Acknowledgment (law)
  Acknowledgment (law)
  In law, an acknowledgment is a declaration or avowal of one's own act, to give it legal validity, such as the acknowledgment of a deed before a proper officer...
  
  
• Acre
  Acre
  The acre is a unit of area in a number of different systems, including the imperial and U.S. customary systems. The most commonly used acres today are the international acre and, in the United States, the survey acre. The most common use of the acre is to measure tracts of land.The acre is related...
  
   - A measure of land
• Ad valorem tax
  Ad valorem tax
  An ad valorem tax is a tax based on the value of real estate or personal property. It is more common than a specific duty, a tax based on the quantity of an item, such as cents per kilogram, regardless of price....
  
  
• Adjustable rate mortgage
  Adjustable rate mortgage
  A variable-rate mortgage, adjustable-rate mortgage , 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. The loan may be offered at the lender's standard variable...
  
   (ARM)
• Administrator/Administratrix
  Administration of an estate on death
  In English law, Administration of an estate on death arises if the deceased is legally intestate. In United States law, the term Estate Administration is used....
  
  
• Adverse possession
  Adverse possession
  Adverse possession is a process by which premises can change ownership. It is a common law concept concerning the title to real property . By adverse possession, title to another's real property can be acquired without compensation, by holding the property in a manner that conflicts with the true...
  
  
• Agency, Real estate, Agent, Real estate
• Allodial, Allodium
• American Land Title Association
  American Land Title Association
  The American Land Title Association or ALTA, is a national trade association representing the interests of the abstract of title and title insurance industries...
  
   (ALTA)
• Amortization
  Amortization
  Amortization is the process of decreasing, or accounting for, an amount over a period. The word comes from Middle English amortisen to kill, alienate in mortmain, from Anglo-French amorteser, alteration of amortir, from Vulgar Latin admortire to kill, from Latin ad- + mort-, mors death.When used...
  
  
• Amortization schedule
  Amortization schedule
  An amortization schedule is a table detailing each periodic payment on an amortizing loan , as generated by an amortization calculator. Amortization refers to the process of paying off a debt over time through regular payments...
  
  
• Amortization calculator
  Amortization calculator
  An amortization calculator is used to determine the periodic payment amount due on a loan , based on the amortization process....
  
  
• Apartment
  Apartment
  An apartment or flat is a self-contained housing unit that occupies only part of a building...
  
  
• Appraisal, Real estate
  Real estate appraisal
  Real estate appraisal, property valuation or land valuation is the process of valuing real property. The value usually sought is the property's Market Value. Appraisals are needed because compared to, say, corporate stock, real estate transactions occur very infrequently...
  
  
• Appraised value
  Appraised value
  An appraised value or mortgage valuation pertains to the assessed value of real property in the opinion of a qualified appraiser or valuer...
  
   - An estimate of the present worth of a property
• Appreciation
  Appreciation
  In accounting, appreciation of an asset is an increase in its value. In this sense it is the reverse of depreciation, which measures the fall in value of assets over their normal life-time...
  
  
• Argus (Software)
  Argus (software)
  ARGUS Software, formerly Realm Business Solutions, is a company that produces financial software for the commercial real estate industry.The company's flagship products perform valuation and projections...
  
  
• Arrears
  Arrears
  Arrears is a legal term for the part of a debt that is overdue after missing one or more required payments. The amount of the arrears is the amount accrued from the date on which the first missed payment was due...
  
  
• Assignment
  Assignment (law)
  An assignment is a term used with similar meanings in the law of contracts and in the law of real estate. In both instances, it encompasses the transfer of rights held by one party—the assignor—to another party—the assignee...
  
  
• Assumption of mortgage
  Assumption of mortgage
  Assumption of mortgage is the purchase of mortgaged property whereby the buyer accepts liability for an existing debt secured by a mortgage on the property. This generally requires the consent of the lender that owns or services the existing loan...
  
  

B

• Basis (in property) - see cost basis
  Cost basis
  Basis , as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When property is sold, the taxpayer pays/ taxes on a capital gain/ that equals the amount realized on the sale minus the sold property's basis.The taxpayer deserves a tax-free...
  
  
• Blockbusting
  Blockbusting
  Blockbusting is a business practice of U.S. real estate agents and building developers meant to encourage white property owners to sell their houses at a loss, by implying that racial, ethnic, or religious minorities — Blacks, Hispanics, Jews et al. — were moving into their previously racially...
  
  
• Buyer's agent in real estate
• Bundle of Rights
  Bundle of Rights
  The bundle of rights is a common way to explain the complexities of property ownership. Teachers often use this concept as a way to organize confusing and sometimes contradictory data about real estate....
  
  
• Burlington Company
  Burlington Company
  The Burlington Company was a group of eight investors involved in a variety of land transactions. The company was named after the town they all resided in, Burlington, New Jersey.- History :...
  
  

C

• Canadian Real Estate Association
  Canadian Real Estate Association
  The Canadian Real Estate Association represents over 100,000 Realtors across Canada.The Association owns the Multiple Listing Service or MLS trademark and the Realtor trademarks in Canada. Local real estate Boards or Associations operate a local data base under a licensing agreement with the...
  
  
• Capital gain
  Capital gain
  A capital gain is a profit that results from investments into a capital asset, such as stocks, bonds or real estate, which exceeds the purchase price. It is the difference between a higher selling price and a lower purchase price, resulting in a financial gain for the investor...
  
  
• Capitalization rate
  Capitalization rate
  Capitalization rate is the ratio between the net operating income produced by an asset and its capital cost or alternatively its current market value...
  
  
• Chain of title
  Chain of title
  A chain of title is the sequence of historical transfers of title to a property. The "chain" runs from the present owner back to the original owner of the property. In situations where documentation of ownership is important, it is often necessary to reconstruct the chain of title...
  
  
• Cheonse
• Cloud on title
  Cloud on title
  The term cloud on title refers to any irregularity in the chain of title of property that would give a reasonable person pause before accepting a conveyance of title...
  
  
• Closing cost
  Closing cost
  Real property in most jurisdictions is conveyed from the seller to the buyer through a real estate contract. The point in time at which the contract is actually executed and the title to the property is conveyed to the buyer is known as the "closing"...
  
  s
• Closing, Real estate
  Closing (real estate)
  Closing 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 parties consummate the purchase contract, and ownership of the property is transferred...
  
  
• Commercial property
  Commercial property
  The term commercial property refers to buildings or land intended to generate a profit, either from capital gain or rental income.-Definition:...
  
  
• Community property
  Community property
  Community property is a marital property regime that originated in civil law jurisdictions and is now also found in some common law jurisdictions...
  
  
• Community land trust
• Comparables
  Comparables
  Comparables is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought...
  
  
• Condominium
• Conservation land trust
• Contingency
• Contract of sale
  Real estate contract
  A real estate contract is a contract for the purchase/sale, exchange, or other conveyance of real estate between parties. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases cover such rentals since they typically do not result in recordable...
  
   of real estate
• Contract for deed
• Conventional mortgage
• Conveyancing
  Conveyancing
  In law, conveyancing is the transfer of legal title of property from one person to another, or the granting of an encumbrance such as a mortgage or a lien....
  
   or conveying [real estate title]
• Cooperative apartment
• Copyhold
  Copyhold
  At its origin in medieval England, copyhold tenure was tenure of land according to the custom of the manor, the "title deeds" being a copy of the record of the manorial court....
  
  
• Council housing

D

• Deed
  Deed
  A deed is any legal instrument in writing which passes, or affirms or confirms something which passes, an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions sealed...
  
  
• Deed of trust
  Trust deed (real estate)
  In real estate in the United States, a trust deed or deed of trust is a deed wherein legal title in real property is transferred to a trustee, which holds it as security for a loan between a borrower and lender...
  
  
• Deficiency
  Deficiency
  A deficiency is generally a lack of something. It may also refer to:*A deficient number, in mathematics, a number n for which σ A deficiency is generally a lack of something. It may also refer to:...
  
  
• Depreciation
  Depreciation
  Depreciation refers to two very different but related concepts:# the decrease in value of assets , and# the allocation of the cost of assets to periods in which the assets are used ....
  
  
• Documentary stamp
• Domania
  Domania
  Domania is an internet search engine that allows users to search through 28 million Comparables or "sold home prices" dating back to 1987 at no cost. As of Nov 2008, this historical function is no longer working....
  
  
• Dominion Land Survey
  Dominion Land Survey
  The Dominion Land Survey is the method used to divide most of Western Canada into one-square-mile sections for agricultural and other purposes. It is based on the layout of the Public Land Survey System used in the United States, but has several differences...
  
  
• Double closing
  Double closing
  A double closing is the simultaneous purchase and sale of a real estate property involving three parties: the original seller, an investor , and the final buyer....
  
  
• Due-on-sale clause
  Due-on-sale clause
  A due-on-sale clause is a clause in a loan or promissory note that stipulates that the full balance may be called due upon sale or transfer of ownership of the property used to secure the note...
  
  

E

• Earnest money
• Easement
  Easement
  An easement is a certain right to use the real property of another without possessing it.Easements are helpful for providing pathways across two or more pieces of property or allowing an individual to fish in a privately owned pond...
  
  
• Ejido
  Ejido
  The ejido system is a process whereby the government promotes the use of communal land shared by the people of the community. This use of community land was a common practice during the time of Aztec rule in Mexico...
  
  
• Eminent domain
  Eminent domain
  Eminent domain , compulsory purchase , resumption/compulsory acquisition , or expropriation is an action of the state to seize a citizen's private property, expropriate property, or seize a citizen's rights in property with due monetary compensation, but without the owner's consent...
  
  
• Encroachment
  Structural encroachment
  A structural encroachment is a concept in American real property law, in which a piece of real property hangs from one property over the property line of another landowner's premises. The actual structure that encroaches might be a tree, bush, bay window, stairway, steps, stoop, garage, leaning...
  
  
• Encumbrance
  Encumbrance
  Encumbrance is legal technical terminology for anything that affects or limits the title of a property, such as mortgages, leases, easements, liens, or restrictions. Also, those considered as potentially making the title defeasible are encumbrances...
  
  
• Equitable title
• Equity
  Ownership equity
  In accounting and finance, equity is the residual claim or interest of the most junior class of investors in assets, after all liabilities are paid. If liability exceeds assets, negative equity exists...
  
  
• Escrow
  Escrow
  An escrow is:* an arrangement made under contractual provisions between transacting parties, whereby an independent trusted third party receives and disburses money and/or documents for the transacting parties, with the timing of such disbursement by the third party dependent on the fulfillment of...
  
  
• Escrow payment
• Estate (law)
  Estate (law)
  An estate is the net worth of a person at any point in time. It is the sum of a person's assets - legal rights, interests and entitlements to property of any kind - less all liabilities at that time. The issue is of special legal significance on a question of bankruptcy and death of the person...
  
   and Estate (house)
  Estate (house)
  An estate comprises the houses and outbuildings and supporting farmland and woods that surround the gardens and grounds of a very large property, such as a country house or mansion. It is the modern term for a manor, but lacks the latter's now abolished jurisdictional authority...
  
  
• Estate agent
  Estate agent
  An estate agent is a person or business that arranges the selling, renting or management of properties, and other buildings, in the United Kingdom and Ireland. An agent that specialises in renting is often called a letting or management agent...
  
  
• Estate for years

F

• Federal Home Loan Mortgage Corporation
  Federal Home Loan Mortgage Corporation
  The Federal Home Loan Mortgage Corporation , known as Freddie Mac , is a public government sponsored enterprise , headquartered in the Tyson's Corner CDP in unincorporated Fairfax County, Virginia....
  
   (FHLMC or Freddie Mac)
• Federal National Mortgage Association
  Federal National Mortgage Association
  The Federal National Mortgage Association , commonly known as Fannie Mae, was founded in 1938 during the Great Depression as part of the New Deal. It is a government-sponsored enterprise , though it has been a publicly traded company since 1968...
  
   (FNMA or Fannie Mae)
• Federal Housing Administration
  Federal Housing Administration
  The Federal Housing Administration is a United States government agency created as part of the National Housing Act of 1934. It insured loans made by banks and other private lenders for home building and home buying...
  
   (FHA)
• Fee simple
  Fee simple
  In English law, a fee simple is an estate in land, a form of freehold ownership. It is the most common way that real estate is owned in common law countries, and is ordinarily the most complete ownership interest that can be had in real property short of allodial title, which is often reserved...
  
  
• Fixer-upper
  Fixer-Upper
  A fixer-upper is a real-estate property that will require maintenance work though it usually can be lived in as it is....
  
  
• Flat-fee MLS
  Flat fee mls
  Flat Fee MLS generally 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 transaction. The buyer's broker is still...
  
  
• Freehold
• Foreclosure
  Foreclosure
  Foreclosure is the legal process by which a mortgage lender , or other lien holder, obtains a termination of a mortgage borrower 's equitable right of redemption, either by court order or by operation of law...
  
  
• For Sale By Owner
  For sale by owner
  For Sale By Owner, or FSBO , is the process of selling real estate without the representation of a real estate broker or real estate agent...
  
  

G

• Guaranteed home sale
  Guaranteed home sale
  The guaranteed home sale is a program offered by some realtors in North America. The program guarantees that a home will be sold for a certain amount of money and by a certain date, or the realtor will purchase the house...
  
  
• Gentrification
  Gentrification
  Gentrification and urban gentrification refer to the changes that result when wealthier people acquire or rent property in low income and working class communities. Urban gentrification is associated with movement. Consequent to gentrification, the average income increases and average family size...
  
  
• Good faith estimate
  Good faith estimate
  A good faith estimate, referred to as a GFE, must be provided by a mortgage lender or broker in the United States to a customer, as required by the Real Estate Settlement Procedures Act...
  
  
• Government National Mortgage Association
  Government National Mortgage Association
  The Government National Mortgage Association , or Ginnie Mae, was established in the United States in 1968 to promote home ownership. As a wholly owned government corporation within the Department of Housing and Urban Development , Ginnie Mae’s mission is to expand affordable housing in the U.S. by...
  
   (GNMA or Ginnie Mae)
• Gramdan
• Grant deed
  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. Then the document must be acknowledged before a...
  
  
• Green belt
  Green belt
  A green belt or greenbelt is a policy and land use designation used in land use planning to retain areas of largely undeveloped, wild, or agricultural land surrounding or neighbouring urban areas. Similar concepts are greenways or green wedges which have a linear character and may run through an...
  
  

H

• Hard money loan
  Hard money loan
  A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by the value of a parcel of real estate. Hard money loans are typically issued by private investors or companies...
  
  
• Hard money lenders
• Home Equity Line of Credit
• Home inspection
• Homeowners association
  Homeowners association
  A homeowner association is a corporation formed by a real estate developer for the purpose of marketing, managing, and selling of homes and lots in a residential subdivision...
  
  
• Housing association
  Housing association
  Housing associations in the United Kingdom are independent not-for-profit bodies that provide low-cost "social housing" for people in housing need. Any trading surplus is used to maintain existing homes and to help finance new ones...
  
  
• Housing bubble
  United States housing bubble
  The United States housing bubble is an economic bubble affecting many parts of the United States housing market in over half of American states. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and may not yet have hit bottom as of 2011. On December 30, 2008 the...
  
  
• Housing tenure
  Housing tenure
  Housing tenure refers to the financial arrangements under which someone has the right to live in a house or apartment. The most frequent forms are tenancy, in which rent is paid to a landlord, and owner occupancy. Mixed forms of tenure are also possible....
  
  

I

• Inspections
• Immovable property
  Immovable property
  Immovable property is an immovable object, an item of property that cannot be moved without destroying or altering it - property that is fixed to the Earth, such as land or a house. In the United States it is also commercially and legally known as real estate and in Britain as property...
  
  
• Installment sale
  Installment sale
  In United States income tax law, an installment sale is generally a "disposition of property where at least 1 payment is to be received after the close of the taxable year in which the disposition occurs." The term "installment sale" does not include, however, a "dealer disposition" or, generally,...
  
  
• Interest rate
  Interest rate
  An interest rate is the rate at which interest is paid by a borrower for the use of money that they borrow from a lender. For example, a small company borrows capital from a bank to buy new assets for their business, and in return the lender receives interest at a predetermined interest rate for...
  
  
• Internet Data Exchange (IDX)
• Investment Rating for Real Estate
  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 termed as good an investment as the property whose rating...
  
  

L

• Land bank
  Land Bank
  A land bank is a bank that issues long-term loans on real estate in return for mortgages. This term could also apply to:*The Land Bank of Taiwan, a wholly state-owned bank of the Republic of China...
  
  
• Land banking
  Land banking
  Land banking is the practice of purchasing raw land with the intent to hold on to it until such a time as it is profitable to sell it on to others for more than was initially paid...
  
  
• Land registration
  Land registration
  Land registration generally describes systems by which matters concerning ownership, possession or other rights in land can be recorded to provide evidence of title, facilitate transactions and to prevent unlawful disposal...
  
  
• Land trust
  Land trust
  There are two distinct definitions of a land trust:* a private, nonprofit organization that, as all or part of its mission, actively works to conserve land by undertaking or assisting in land or conservation easement acquisition, or by its stewardship of such land or easements; or* an agreement...
  
  
• Land Trust Alliance
  Land Trust Alliance
  The Land Trust Alliance, originally formed in 1982 as the Land Trust Exchange, is a national conservation organization representing more than 1,700 land trusts across the United States...
  
  
• Landlord
  Landlord
  A landlord is the owner of a house, apartment, condominium, or real estate which is rented or leased to an individual or business, who is called a tenant . When a juristic person is in this position, the term landlord is used. Other terms include lessor and owner...
  
  
• Laches
  Laches (equity)
  Laches is an "unreasonable delay pursuing a right or claim...in a way that prejudices the [opposing] party" When asserted in litigation, it is an equitable defense, or doctrine...
  
  
• Law of Agency
  Law of agency
  The law of agency is an area of commercial law dealing with a contractual or quasi-contractual, or non-contractual set of relationships when a person, called the agent, is authorized to act on behalf of another to create a legal relationship with a third party...
  
  
• Lease-option
• Leasehold
• Leaseback
  Leaseback
  Leaseback, short for sale-and-leaseback, is a financial transaction, where one sells an asset and leases it back for the long-term; therefore, one continues to be able to use the asset but no longer owns it...
  
  
• Lien
  Lien
  In law, a lien 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...
  
  
• Life estate
  Life estate
  A life estate is a concept used in common law and statutory law to designate the ownership of land for the duration of a person's life. In legal terms it is an estate in real property that ends at death when there is a "reversion" to the original owner...
  
  
• Liquidated damages
  Liquidated damages
  Liquidated damages 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 ....
  
  
• Lis pendens
  Lis pendens
  Lis pendens is Latin for "suit pending." This may refer to any pending lawsuit or to a specific situation with a public notice of litigation that has been recorded in the same location where the title of real property has been recorded...
  
  
• Listing contract
• Loan-to-value ratio
• Lot
  Lot (real estate)
  In real estate, a lot or plot is a tract or parcel of land owned or meant to be owned by some owner. A lot is essentially considered a parcel of real property in some countries or immovable property in other countries...
  
  
• Lot and Block survey system
  Lot and Block survey system
  The Lot and Block Survey System is a method used in the United States and Canada to locate and identify land, particularly for lots in densely populated metropolitan areas, suburban areas and exurbs...
  
  

M

• Masters of Real Estate Development
• Market value
  Market value
  Market value 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 these terms have distinct definitions in different standards, and may differ in some...
  
  
• Marketable title
  Marketable title
  Marketable title is a title that a court of equity considers to be so free from defect that it will legally force its acceptance by a buyer. Marketable title does not assume that absolute absence of defect, but rather a title that a prudent, educated buyer in the reasonable course of business...
  
  
• Mechanic's lien
• Mortgage loan
  Mortgage loan
  A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan...
  
  
• Mortgage Account Error Correction, see Real Estate Settlement Procedures Act
  Real Estate Settlement Procedures Act
  The Real Estate Settlement Procedures Act , was an act passed by the United States Congress in 1974. It is codified at Title 12, Chapter 27 of the United States Code, .- Purpose :...
  
  
• Mortgage broker
  Mortgage broker
  A mortgage broker acts as an intermediary whose brokers mortgage loans on behalf of individuals or businesses.Traditionally, banks and other lending institutions have sold their own products. However as markets for mortgages have become more competitive, the role of the mortgage broker has become...
  
  
• Mortgage Guaranty Insurance Corporation
  Mortgage Guaranty Insurance Corporation
  Mortgage Guaranty Insurance Corporation is a provider of private mortgage insurance in the United States....
  
   (MGIC)
• Mortgage insurance
  Mortgage insurance
  Mortgage insurance is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan. Mortgage insurance can be either public or private depending upon the insurer...
  
  
• Multiple Listing Service
  Multiple Listing Service
  A multiple listing service is a suite of services that enables real estate brokers to establish contractual offers of compensation , facilitates cooperation with other broker participants, accumulates and disseminates information to enable appraisals, and is a facility for the orderly...
  
   (MLS)
• MLS (Flat fee)
  Flat fee mls
  Flat Fee MLS generally 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 transaction. The buyer's broker is still...
  
  

N

• National Association of Estate Agents
  National Association of Estate Agents
  The National Association of Estate Agents is a membership organisation for estate agents . It is based in and covers the UK.It was founded in 1962 by estate agent Raymond Andrews....
  
  
• National Association of Realtors
  National Association of Realtors
  The National Association of Realtors , whose members are known as Realtors, is North America's largest trade association. representing over 1.2 million members , including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries...
  
   (NAR)
• Notary Public
  Notary public
  A notary public in the common law world is a public officer constituted by law to serve the public in non-contentious matters usually concerned with estates, deeds, powers-of-attorney, and foreign and international business...
  
  
• Note
  Promissory note
  A promissory note is a negotiable instrument, wherein one party makes an unconditional promise in writing to pay a determinate sum of money to the other , either at a fixed or determinable future time or on demand of the payee, under specific terms.Referred to as a note payable in accounting, or...
  
  
• Niche real estate
  Niche real estate
  A niche is specialized sector of the property market. Examples include income property, garden real estate, condos, equestrian property, vacation property, farm property, golf property, waterfront homes, beach houses and luxury homes. These are often categories in which potential buyers think...
  
  

O

• Open listing - or Open Agency
• Option
  Option (law)
  In law, an option is the right to convey a piece of property. The person granting the option is called the optionor and the person who has the benefit of the option is called the optionee .Options characteristically exist in one of two forms:* Call options, which give the beneficiary the right to...
  
  
• Origination fee
  Origination fee
  An origination fee, or activation 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....
  
  
• Owner-occupancy
  Owner-occupier
  An owner-occupier is a person who lives in and owns the same home. It is a type of housing tenure. The home of the owner-occupier may be, for example, a house, apartment, condominium, or a housing cooperative...
  
  

P

• Plat
  Plat
  A plat in the U.S. is a map, drawn to scale, showing the divisions of a piece of land. Other English-speaking countries generally call such documents a cadastral map or plan....
  
  
• Pocket listing
  Pocket listing
  A pocket listing is a real estate industry term used in United States which denotes a property where a broker holds a signed listing agreement with the seller, whether that be an "Exclusive Right to Sell" or "Exclusive Agency" agreement or contract, but where it is never advertised nor entered...
  
  
• Points
• Pricing
  Real estate pricing
  Real estate pricing deals with the valuation of real estate and all the standard methods of determining the price of fixed assets apply....
  
  
• Pre-Delivery Inspection
• Private equity real estate
  Private equity real estate
  In investment finance, private equity real estate is an asset class consisting of equity and debt investments in property. Investments typically involve an active management strategy ranging from moderate reposition or releasing of properties to development or extensive redevelopment.Investments...
  
  
• Public housing
  Public housing
  Public housing is a form of housing tenure in which the property is owned by a government authority, which may be central or local. Social housing is an umbrella term referring to rental housing which may be owned and managed by the state, by non-profit organizations, or by a combination of the...
  
  
• Public Land Survey System
  Public Land Survey System
  The Public Land Survey System is a method used in the United States to survey and identify land parcels, particularly for titles and deeds of rural, wild or undeveloped land. Its basic units of area are the township and section. It is sometimes referred to as the rectangular survey system,...
  
  

R

• Rating for Real Estate Investment
  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 termed as good an investment as the property whose rating...
  
  
• Real estate
  Real estate
  In general use, esp. North American, 'real estate' is taken to mean "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; an item of real property; buildings or...
  
  
• Real estate agent, Real estate agency
• Real estate broker
  Real estate broker
  A real estate broker, real estate agent or realtor is a party who acts as an intermediary between sellers and buyers of real estate/real property and attempts to find sellers who wish to sell and buyers who wish to buy...
  
  , Real estate brokerage
• Real estate developer
• Real estate economics
  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...
  
  
• Real Estate Investment Trust
  Real estate investment trust
  A real estate investment trust or REIT is a tax designation for a corporate entity investing in real estate. The purpose of this designation is to reduce or eliminate corporate tax. In return, REITs are required to distribute 90% of their taxable income into the hands of investors...
  
   (REIT)
• Real estate lawyer
• Real Estate Owned
  Real estate owned
  Real estate owned or REO is a class of property owned by a lender typically a bank, government agency, or government loan insurer, after an unsuccessful sale at a foreclosure auction. A foreclosing beneficiary will typically set the opening bid at a foreclosure auction for at least the outstanding...
  
   (REO)
• Real estate salesperson
• Real Estate Settlement Procedures Act
  Real Estate Settlement Procedures Act
  The Real Estate Settlement Procedures Act , was an act passed by the United States Congress in 1974. It is codified at Title 12, Chapter 27 of the United States Code, .- Purpose :...
  
   (RESPA)
• Real Estate Trading
  Real estate trading
  Real estate trading , is a type of "I buy yours you buy mine" arrangement. This is distinct from vacation home swapping....
  
  
• Real estate trends
  Real estate trends
  Real estate trends is a generic term used to describe any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change...
  
  
• Real property
  Real property
  In English Common Law, real property, real estate, realty, or immovable property is any subset of land that has been legally defined and the improvements to it made by human efforts: any buildings, machinery, wells, dams, ponds, mines, canals, roads, various property rights, and so forth...
  
  
• Realtor
• Recording
  Recording (real estate)
  The vast majority of states in the United States employ a system of recording legal instruments that affect the title of real estate as the exclusive means for publicly documenting land titles and interests. This system differs significantly from land registration systems, such as the Torrens...
  
  
• Recourse note
• Redlining
  Redlining
  Redlining is the practice of denying, or increasing the cost of services such as banking, insurance, access to jobs, access to health care, or even supermarkets to residents in certain, often racially determined, areas. The term "redlining" was coined in the late 1960s by John McKnight, a...
  
  
• Refinancing
  Refinancing
  Refinancing may refer to the replacement of an existing debt obligation with a debt obligation under different terms. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as, inherent risk, projected risk, political...
  
  
• Rent
  Renting
  Renting is an agreement where a payment is made for the temporary use of a good, service or property owned by another. A gross lease is when the tenant pays a flat rental amount and the landlord pays for all property charges regularly incurred by the ownership from landowners...
  
  
• Royal Institution of Chartered Surveyors
  Royal Institution of Chartered Surveyors
  The Royal Institution of Chartered Surveyors is an independent, representative professional body which regulates property professionals and surveyors in the United Kingdom and other sovereign nations....
  
  
• Risk
  Risk
  Risk is the potential that a chosen action or activity will lead to a loss . The notion implies that a choice having an influence on the outcome exists . Potential losses themselves may also be called "risks"...
  
  

S

• Second mortgage
  Second mortgage
  A second mortgage typically refers to a secured loan that is subordinate to another loan against the same property.In real estate, a property can have multiple loans or liens against it. The loan which is registered with county or city registry first is called the first mortgage or first position...
  
  
• Secondary mortgage market
  Secondary mortgage market
  The secondary mortgage market is the market for the sale of securities or bonds collateralized by the value of mortgage loans. The mortgage lender, commercial banks, or specialized firm will group together many loans and sell grouped loans as securities called collateralized mortgage obligations ....
  
  
• Securitization
  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 and selling said consolidated debt as bonds, pass-through securities, or Collateralized mortgage obligation , to...
  
  
• Seller agency
  Seller agency
  in the brokerage of homes. The listing agent and the seller enter a written contact under which such particulars as home price, duration of agreement, commission, rights & obligations, duties, etc...
  
  
• Specific performance
  Specific performance
  Specific performance is an order of a court which requires a party to perform a specific act, usually what is stated in a contract. It is an alternative to award/ for awarding damages, and is classed as an equitable remedy commonly used in the form of injunctive relief concerning confidential...
  
  
• Speculation
  Speculation
  In finance, speculation is a financial action that does not promise safety of the initial investment along with the return on the principal sum...
  
  
• Squatter's rights
• Starter home
  Starter home
  A starter home or starter house is a house that is usually the first which a person or family can afford to purchase, often using a combination of savings and mortgage financing. In the real estate industry the term commonly denotes small one- or two-bedroom houses, often older homes but sometimes...
  
  
• Stigmatized property
  Stigmatized property
  In real estate, stigmatized property is property which buyers or tenants may shun for reasons that are unrelated to its physical condition or features. These can include murder, suicide or even AIDS, in addition to a belief that a house may be haunted...
  
  
• Strata title
  Strata title
  Strata title is a form of ownership devised for multi-level apartment blocks and horizontal subdivisions with shared areas. The 'strata' part of the term refers to apartments being on different levels, or "strata"....
  
  
• Sub-agent
  Sub-agent
  Sub-agent 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....
  
  
• Sublet
• Subject-to
• Subordination (finance)
  Subordination (finance)
  Subordination in banking and finance refers to the order of priorities in claims for ownership or interest in various assets.-Subordination of debt:...
  
  
• Sweat equity
  Sweat equity
  Sweat equity is a term that refers to a party's contribution to a project in the form of effort --- as opposed to financial equity, which is a contribution in the form of capital....
  
  

T

• Tax assessment
• Tenancy in common
• Tenancy by the entirety
• Tenant
  Leasehold estate
  A leasehold estate is an ownership of a temporary right to 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....
  
  
• Theory of Value
  Theory of value
  Theory of value is an ambiguous term, and may mean:*Theory of value , where value is meant as economic worth of goods and services.*Value theory, where value is meant in the philosophical sense....
  
  
• Title
  Title (property)
  Title is a legal term for a bundle of rights in a piece of property in which a party may own either a legal interest or an equitable interest. The rights in the bundle may be separated and held by different parties. It may also refer to a formal document that serves as evidence of ownership...
  
  
• Title insurance
  Title insurance
  Title insurance is a form of indemnity insurance predominantly found in the United States which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage liens. Title insurance is principally a product developed and sold in the...
  
  
• Torrens title
  Torrens title
  Torrens title is a system of land title where a register of land holdings maintained by the state guarantees an indefeasible title to those included in the register...
  
  
• Truth in Lending Act
  Truth in Lending Act
  The Truth in Lending Act of 1968 is 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 are calculated and disclosed...
  
  

U

• United States housing bubble
  United States housing bubble
  The United States housing bubble is an economic bubble affecting many parts of the United States housing market in over half of American states. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and may not yet have hit bottom as of 2011. On December 30, 2008 the...
  
  
• Urban sprawl
  Urban sprawl
  Urban sprawl, also known as suburban sprawl, is a multifaceted concept, which includes the spreading outwards of a city and its suburbs to its outskirts to low-density and auto-dependent development on rural land, high segregation of uses Urban sprawl, also known as suburban sprawl, is a...
  
  
• Urban Land Institute
  Urban Land Institute
  The Urban Land Institute, or ULI, is a non-profit research and education organization with offices in Washington, D.C., Hong Kong, and London...
  
  
• Usufruct
  Usufruct
  Usufruct is the legal right to use and derive profit or benefit from property that either belongs to another person or which is under common ownership, as long as the property is not damaged or destroyed...