Real Estate Terms and Definitions

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100% mortgage
125% loan
2-1 buydown
2/28 adjustable-rate mortgage
3-2-1 buydown
3/27 adjustable-rate mortgage - 3/27 arm
80-10-10 mortgage
A-credit
AAA tenant
abandon
abandonment
abeyance
able
abnormal sale
above building standard
absentee owner
absolute liability
absorption rate
abstract of judgment
abstract of title
abstract update
abut
accessibility
accession
accessory building
accident
accommodation party
accord and satisfaction
accredited advisor in insurance
Accredited Management Organization (AMO)
Accredited Resident Manager (ARM)
accrual method
accrued depreciation
accrued items
accrued items, active
accrued items, passive
acknowledgment
acquisition appraisal
acre
acreage zoning
act of God
action to quiet title
active tranche
actual age
actual cash value
actual damages (and special damages)
actual notice
ADC loan
add-backs
add-on interest
addendum
addition
additional insured
additional living expense
adhesion insurance contract
adjunction
Adjustable Rate Mortgage
adjusted premium
adjustment interval
adjustment period
adjustment provision
advance fee
adverse financial change condition
adverse financial selection
adverse possession
adverse selection
aesthetic value
Affidavit of Domicile
affidavit of title
affirmation
affordability
affordability analysis
affordability index
affordable housing
after acquired clause
after repair value (ARV)
after-tax equity yield
age-life depreciation
agency by ratification
agency closing
agency disclosure
agent
aggregate annual deductible
aggregate limit
aggrieved
agreed amount clause
agreement of sale
agricultural lien
air rights
alien insurer
alienate
alienation
alienation clause
Alliance of American Insurers
alligator property
allocation of purchase price
allodial system
alluvion
alternative investments
alternative mortgage
alternative or specialty investments
amenities
American agency system
American Institute of Real Estate Appraisers
American Insurance Association
American Land Title Association (ALTA) policy
American standard
Americans with Disabilities Act
amortization
amortization tables
amortized loan
amortized note
amount financed
anchor tenant
annexation
annual aggregate limit
annual debt service
annual mortgagor statement
Annual Percentage Rate
annual statement
apartment association
apartment building
apartments and multifamily housing
Appleton rule
application
application fee
appointed actuary
appointments
apportionment
apportionment clause
appraisal
appraisal clause
appraisal fee
appraisal report
appraised value
appraiser
appropriation
approval
appurtenance
appurtenant easement
appurtenant structure
APR
arbitration clause
architecture
area
ARM index
ARM margin
artesian well
as-built drawings
asbestos
asbestos containing materials (ACM)
assemblage
assessable insurance
assessment company
assessment insurance
assessment roll
assessment rolls
assessment valuation
asset
asset depreciation range system (ADR)
asset depreciation risk
asset management fee
asset sale
asset valuation
asset valuation reserve
asset-based lenders
assign
assignee
assignment clause
assignment of lease
assignment of mortgage
assignment of rents
assignment of trade
assignor
association of unit owners
association or syndicate pool
assumable mortgage
assumption clause
assumption fee
assumption of mortgage
at risk rules
at-risk plan
attestation clause
attic
attorn
attorney's opinion of title
attornment
attractive nuisance
auctioneer
authorization to sell
automated underwriting system
automated valuation model (AVM)
automatic coverage
automatic reinstatement clause
average downtime
average free rent
average occupancy
avulsion
back end ratio
back title letter
back to back escrow
back-end fee or commission
backfill
backup offer
bad credit loans
bad title
bad-faith estimate
bailee's customer insurance
bailee's customers insurance
balloon mortgage
balloon risk
band of investment
bargain and sale deed
base loan amount
base premium
base principal balance
base rent
basic form rates
basic limit
basic limits of liability
basic mortality table
basic premium
BBA mortgage approvals
before and after method
below grade
beneficial owner
beneficial ownership
beneficiary clause
beneficiary of trust
best efforts mortgage lock
betterment
bi-monthly mortgage
bilateral contract
bill of sale
bimonthly mortgage
binding receipt
binomial distribution
bird dog
biweekly mortgage
blanket insurance
blanket limit
blanket mortgage
blanket rate
blemished borrowers
blended insurance program
blighted areas
block limits
block of policies
blockbusting
blueprint
Board of Realtors(R)
boiler plate
book of business
boot
borderline risk
Boston plan
bottomland
bottomry
boundary
branch office
breach of contract
break-even ratio
bridge insurance
bridge insurance for bridges under construction
bring down search
British thermal unit (BTU)
broad evidence rule
broad form
broad form cause of loss
broker agent
broker price opinion (BPO)
brokerage business
brokerage department
brokerage fee
brokerage general agent
brokerage supervisor
brownfield
brownfield investment
brownstone
budget mortgage
buffer zone
build out
build to suit
buildable acres
builder buydown loan
builder's bonds
builder's risk coverage forms
builder-financed construction
building code
building efficiency ratio
building line
building restrictions
building standards
bulk sale
bullet loan
bundle of legal rights
bureau insurer
Bureau of Land Management
burning ratio
business and personal property coverage form
business income coverage form
business insurance
business interruption insurance
business property and liability insurance package
buy-back deductible
buy-up
buydown mortgage
buyer's agent
buyer's broker
buyer's expenses
buyer's remorse
CAD
cadastral map
calamity call
Canadian rollover mortgage
cancellation clause
cap
capacity of parties
capital appreciation
capital asset
capital improvements
capital lease
captive real estate investment trust
cargo insurance
carryback financing
cash (or funds) available for distribution (CAD or FAD)
Cash Against Documents
cash available for distribution (CAD)
cash back mortgage refinance loan
cash method
cash on cash equivalent
cash on cash yield
cash out of vested benefits
cash rent
cash yield on cost (CYC)
cash-out refinancing
casualty
casualty catastrophe
catastrophe futures
catastrophe hazard
catastrophe loss
cause of loss form
cease and desist order
central business district
certificate of completion
certificate of deposit index (CODI)
certificate of discharge
certificate of insurance
Certificate of Occupancy
certificate of reasonable value (CRV)
certificate of sale
certificate of title
Certificate of Veteran Status
certified general appraiser
Certified Mortgage Consultant
Certified Property Manager
Certified Residential Mortgage Specialist
cestui que vie
chain of title
change in occupancy or use clause
change of beneficiary provision
change order
chattel
chattel mortgage
circulation factor
Civil Rights Act of 1866
civil wrong
claim agent
claim department
claim expense
claim provision
claim report
claimant
class rate
clause
clear space clause
clear span
clear span facility
clear title
clearance letter
closed period
closed-end mortgage
closing
closing agent
closing costs
closing date
closing statement
cloud on title
cluster housing
clustering
CMBX Indexes
CMG plan
CMO REIT
co-borrower
co-investment
co-investment program
co-ownership
co-signer
code of ethics
COF Index
COFI
coinsurance clause
coinsurance limit
coinsurance penalty
coinsurance percentage
coinsurance requirement
coinsurer
collateral creditor
color of title
combined single limit
commencement of coverage
commercial acre
commercial blanket bond
commercial broker
commercial credit insurance
commercial forgery policy
commercial forms
commercial insurance company
commercial leasehold insurance
commercial lines
commercial mortgage
commercial mortgage broker
commercial mortgage lender
commercial mortgage-backed security
commercial package policy
commercial property
commercial property floater
commercial property policy
commercially domiciled
commission
commission of authority
commissioner of insurance
commissioner's values
common area assessments
common area maintenance (CAM)
common areas
common elements
common law
common wall
companion tranche
comparable sales
comparative market analysis (CMA)
comparative unit method
compensating balances plan
competent party
competitive market analysis (CMA)
completion bond
component depreciation
comprehensive glass insurance
compulsory insurance
computerized loan origination (CLO)
concealment
concurrent causation
condemnation
condition subsequent
conditional
conditional commitment
conditional sale
conditional use permit
conditions for qualification
condominium
condominium conversion
condominium hotel
condominium insurance
condominium owners' association
confession of judgment clause
confidentiality
conforming mortgage
conformity
conisurance formula
consequential loss
conservation
consolidated mortgage
consolidated mortgage bond
constant maturity
constant percent prepayment (CPP)
construction documents
construction financing
construction insurance
construction loan
construction management
construction to permanent loan
constructive notice
consultant
contents
contiguous space
contingency listing
contingency reserve
contingent fund
contingent payments
contingent remainder
continuing education requirement
continuous operation clause
contour map
contract carrier
contract for deed
contract for deed/land contract
contract for sale
contract knavery
contract of adhesion
contract rent
contract sale
contraction risk
contractual lien
contributing location
contributory value
control
control provision
controlled business
controlled business arrangement
controlled insurance
convention blank
convention values
conventional mortgage
convertibility clause
Convertible ARM
conveyance
conveyance tax
cooperating broker
cooperative
cooperative insurance
cooperative mortgage
core capital
core properties
corporeal property
COSI
cost approach appraisal
cost approach improvement value
cost approach land value
Cost of Savings Index (COSI Index)
cost recovery
cost-of-sale percentage
costs plus contract
countersignature
Countrywide rates
Countrywide rules
courier fee
courtesy to brokers
covenant against encumbrances
covenant not to complete
covenant of quiet enjoyment
covenant of right to convey
covenant of seisin
cover note
coverage part
covered loss
covered person
creative financing
credit card insurance
credit loss ratio
credit repository
credit tenant
criticism
cromie rule
crop insurance
cross defaulting
cumulative claim rate
cumulative discount rate
curable depreciation
curb appeal
current face
current index value
current occupancy
current production rate
current value
currently insured status
curtsey
daily report
data processing coverage
datum
deadbeat
deal structure
dealer median prepayment speed
debasement
debris removal clause
debt
debt elimination
debt service coverage ratio
debtaholic
declaration
declaration of restrictions
declination
dedication
deductible clause
deed
deed in lieu of foreclosure
deed in trust
deed of reconveyance
Deed of Release
Deed of Surrender
Deed of Trust
deed restrictions
defamation
default judgment
defeasance clause
defeasance process
defect of record
deferred interest
deferred maintenance
deferred maintenance account (DMA)
deferred payment method
deficiency judgment
degree of risk
delayed exchange
delinquency
delinquent mortgage
demand clause
demised premises
demising wall
demolition clause
demolition insurance
density
density zoning
Department of Housing and Urban Development
dependent properties
deposit
deposit or provisional premium
deposit transfer
depreciable real property
depreciation insurance
depreciation recapture
depth tables
descent
description
desecuritization
design-build
designated agent
developer
development loan
deviation
devise
devisee
devisor
difference in conditions
direct lease
direct loss
direct reduction mortgage
direct sales comparisons approach
direct selling system
direct writer
direct written premium
director of insurance
disappearing deductible
disaster myopia
discharge of lien
disclosure
disclosure authorization form
discount point
discounted properties
discounted value table
discretionary ARM
discrimination
disposition
dispossess proceedings
distraint
divided cover
divisible contract clause
document needs list
documentary tax stamps
documentation preparation fee
documentation requirements
documents
dollar limit
dollar stop
domestic insurer
dominant tenement
double-dip lease
dower
down payment
DownREIT
downzoning
dry closing
dry loan
dry mortgage
dual agency
dual index mortgage
dual life stock company
due-on-sale clause
duplex
duress
dwarf
dwelling
dwelling forms
early occupancy
earn-outs
earnings insurance
earth movement
earthquake insurance
easement
easement by condemnation
easement by necessity
easement by prescription
easement in gross
EBITDA - capex
economic life
economic obsolescence
economic rent
effective age
effective gross income (EGI)
effective gross rent (EGR)
effective interest rate
effective rent
efficiency unit
ejectment
electrical or electrical apparatus exemption clause
electronic authentication
electronic data processing coverage
elevation drawing
elevator collision coverage
Ellwood technique
emblement
Emergency Home Finance Act of 1970
Eminent Domain
employment contract
empty nester
encapsulation
encroachment
encumbrance
endorsement extending period of indemnity
enjoin
entitlement
environmental audit
environmental impact statement
Environmental Protection Agency (EPA)
epitome
equalization board
equalization factor
equalization rate
Equifax
equipment breakdown insurance
equipment floater
equitable conversion
equitable lien
equitable mortgage
equitable right of redemption
equitable title
equitization
equity
equity buildup
equity grabbing
equity mortgage
equity of redemption
equity REIT
equity sharing
equity sharing loan
equity value
errors and omissions insurance
escalation clause
escalator clause
escape clause
escheat
escheatment
escrow
escrow abuse
escrow agent
escrow agreement
escrow analysis
escrow company
escrow contract
escrow disbursement
escrow fund
escrow instructions
escrow payment
estate
estate at sufferance
estate at will
estate for years
estate from period to period
estate in land
estate plan
estate tax
estimated closing costs
estimated closing fees
estimated hazard insurance
estimated premium
estimated property taxes
estoppel
estoppel certificate
estovers
et al.
et ux.
et vir.
ethics
ethnic group
evaluator
eviction
evidence clause
evidence of title
ex gratia payment
examination
examination of title
exception
excess condemnation
excess line broker
exchange
exclusion rider
exclusionary zoning
exclusive agency listing
exclusive agency system
exclusive listing
exclusive right to sell
exclusive right to sell listing
exculpatory clause
executed contract
executory contract
exhibit
exhibitions insurance
existing home sales
expansion option
expediting expenses
expense allowance
expense constant
expense loading
expense reimbursement allowance
expense reserve
expense stop
experience
experience modification
expiration card
expiration file
expiration notice
expired
explosion insurance
exposure units
express agency
express authority
expropriation
extended coverage
extended period of indemnity
extender clause
external depreciation
external obsolescence
extra expense coverage form
extra expense insurance
extra premium
extra premium removal
facade
face rental rate
facility space
FAD multiple
Fair Access to Insurance Requirements (FAIR) Plan
Fair Housing Act
fair rental value coverage
fallen building clause
fallout
false advertising
FAMEMP
familial status
Fannie Mae
Fannie Mae Community Home Buyers Program
farm assets
farm coverage part
farm personal property
farm property coverage form
Farmer Mac
Farmer's Home Administration (FHA)
farmer's/ranch owner's policy
farmland
feasibility study
Federal Agricultural Mortgage Corporation
Federal Emergency Management Agency (FEMA)
Federal estate tax
Federal Home Loan Mortgage Corporation
Federal Housing Administration
Federal Housing Finance Agency (FHFA)
Federal Insurance Administration
Federal National Mortgage Association
Federal revenue stamp
Federal Savings and Loan Association
Federal underwriters
fee appraiser
fee simple
fee simple absolute
fee simple determinable
fee simple estate
fee simple interest
feudal system
FFO
FFO multiple
FHA 203(k) loan
FHA Loan
FHA mortgage
FHA mortgage insurance
FHLMC
fictitious company name
fictitious groups
fiduciary relationship
field
field force
filled land
final inspection
finance fee
financial management rate of return (FMRR)
financing charge
financing gap
financing points
financing statement
fine print
Finite-life REIT
fire
fire department service clause
fire insurance
fire legal liability
fire loss insurance
fire maps
fire stop
fire wall
fire yard
Fire, Casualty, and Surety (FC&S) bulletins
first generation space
first loss position
first mortgage
first named insured
first papers
first party insurance
first-time homebuyer tax credit
fixed costs and fixed expenses
fixed expenses
fixed term reverse mortgage
fixed time
fixed-markup UML
fixed-period adjustable rate mortgage
Fixed-Rate Mortgage
fixing up expenses
fixtures
fixturing period
flag lot
flat cancellation
flat commission
flat deductible
flat fee
flat lease
flex space
flexible payment mortgage
flip
float period
float-down
flood
flood certification
flood insurance rate map
flood prone area
floodplain
floor plan insurance
floor to area ratio (FAR)
flue
flyspecking
FNMA
following form
footing
for sale by owner (FSBO)
force majeure
forces and effect of law
foreclosure
foreign insurer
foreign national mortgage
foreshore land
forfeiture
form
Formica
foundation drain tile
foundation exclusion clause
foundation wall
four quadrants of the real estate capital markets
fractional interest
fractional section
free and clear
free-standing building
freehold
freehold estate
FREIT
FRM
front end ratio
front ending
front footage
front money
frontage
frontage street
frost line
fructus industrials
fructus naturales
FSBO
full doc loan
full recourse
full service rent
fully amortized ARM
fully diluted shares
functional obsolescence
funding fee
funds available for distribution (FAD)
Funds From Operations
funds from operations per share (FFOPS)
future interest
future proposed space
gambrel roof
gap group
gap in title
gap loan
garden apartment
garnishment
gazebo
general agent
general contractor
general lien
general mortgage
General Mortgage Associate
general plan
general real estate tax
General Services Administration (GSA)
general warranty deed
generic prices
gestation repo
gift
gift causa mortis
gift deed
gift letter
gift of equity
Ginnie Mae
Ginnie Mae pass-through
Ginnie Mae trust
GNMA
GNMA midget
gnomes
going in capitalization rate
good consideration
good fairy syndrome
good title
government check
government forces
government loan
government lot
government mortgage
Government National Mortgage Association
government patent
government survey method
grade
gradient
graduated lease
graduated rental lease
graduation period
graduation rate
granny flats
grant
grantee
granting clause
grantor to grantee index
gratuitous agent
GRI
grievance period
gross area
gross building area
gross income multiplier
gross investment in real estate
gross leasable area
gross lease
gross real estate asset value
gross real estate investment value
gross rent multiplier (GRM)
gross returns
ground area
ground lease
ground rent
groundwater
growing equity mortgage
guarantee fees
Guaranteed Mortgage Price Agreement (GMPA)
guaranteed sale program
guaranty
guest to car ratio
habitable
habitable room
half section
half-life
handicap
hangout
hard cost
hard money loan
hard money mortgage
hearing
hectare
height
heirs and assigns
hereditament
hiatus
hidden defect
high rise
high-ratio mortgage
highest and best use
highway
historic structure
historical scenario
hold harmless clause
hold over tenant
holdback provision
holding escrow
holdover tenancy
holdover tenant
holiday
holographic will
home buyers' plan (HBP)
home debtor
home equity
Home Equity Conversion Mortgage
home equity debt
home equity line
home equity line of credit
home equity loan
home equity protection
home improvement loan
home inspection
home inspector
home keeper
home loan
Home Mortgage Disclosure Act
home mortgage interest deduction
Home Owners Loan Corporation
home ownership
Home Ownership and Equity Protection Act (HOEPA)
home price
home sale profit
Home Valuation Code of Conduct (HVCC)
homebuyer protection plan
homeowner
Homeowner Warranty Program (HOW)
homeowner's equity account
homeowner's insurance
homeowners association (HOA)
homeowners association dues
homeowners warranty
homestead
homestead deed
homestead exemption
horizontal property laws
hostile possession
house poor
housing bank
housing bubble
housing expense
housing expense ratio (HER)
housing for the elderly
housing investment
housing market
Housing Market Index
housing starts
HUD
HUD median income
HUD-1 statement
hundred percent location
HVAC
hybrid debt
hybrid REIT
hypothecate
I-banker
I/O strip
idem sonans
illiquid
illiquidity
impact fee
implied agency
implied agreement
implied call
implied cap rate
implied equity market cap
implied listing
implied warranty of habitability
impound
impound account
impounds
improved land
improvement
imputed notice
in escrow
in house sale
inchoate interest
income approach
income capitalization value
income property
income property mortgage
income return
incompetent
incorporation by reference
incorporeal right
incubator space
incurable obsolescence
index loan
index method
indexed ARM
indicated value
indirect investment
indirect lighting
individual account management
indoor air quality
industrial broker
industrial park
informed consent
ingress
ingress and egress
inheritance tax
initial interest rate
initial rate cap
initial rate duration
initial rate period
initials
inner city
innocent misrepresentation
innocent purchaser
inquiry notice
inside lot
inspection
inspection fee
inspection report
installment contract
installment note
installment sales contract
institutional grade property
institutional lender
insulation
insulation disclosure
insurable title
insurance binder
insurance company separate account
insured mortgage
intangibles
interest accrual period
interest accrual rate
interest cost
interest in property
interest only mortgage
interest only payments
interest paid over life of loan
interest rate adjustment period
interest rate buy down plans
interest rate cap
interest rate cap structure
interest rate ceiling
interest rate floor
interest rate index
interest rate risk premium
interest-only ARM
interest-only strip
interlocutory decree
intermediate theory
internet mortgages
interpleader
interstate
Interstate Land Sales Full Disclosure Act
interval ownership
intrastate exemption
inverse condemnation
investment committee
investment property
investment real estate
investment structure
investment-grade CMBS
investor fallout
investor status
involuntary conversion
involuntary lien
inwood annuity factor
inwood capitalization
Inwood tables
ironclad agreement
irrational call option
irrevocable consent
joint liability
joint liability and joint several liability
joint mortgage
joint note
joint ownership
joint tenancy
joint tenancy with right of survivorship
joint venture
judgment lien
judgment proof
judicial foreclosure
judicial precedent
junior lien
junior mortgage
jurat
just compensation
just title
key employee insurance
key lot
key money
key tenant
kitchenette
knockdown
laches
lanai
land
land bank
land banker
land banking
land capacity
land contract
land description
land economics
land grant
land lease
land leaseback
land poor
land residual technique
land trust
land use intensity
land use map
land, tenements and hereditaments
landlocked
landlord
landlords warrant
landmark
landscaping
lane
larger parcel
late payment
latent defect
lateral and subjacent support
lawful interest
leaching cesspool
lead generation
lead lender
lead poisoning
leads
leaking underground storage tank (LUST)
lease
lease commencement date
lease expiration exposure schedule
lease option
lease option/purchase
lease purchase
lease purchase mortgage
lease-purchase agreement
leasehold
leasehold estate
leasehold improvement
leasehold improvements
leasehold interest
leasehold mortgage
leasehold state
leasehold value
Leasing
leeward
legal blemish
legal description
legal name
legal notice
legal owner
legal rate of interest
legally competent parties
lender policy
lender's title insurance
less than freehold estate

lessee
lessor
letter of patent
letter report
level payment mortgage
leveraged lease
lien
lien affidavit
lien statement
lien theory
lien theory state
lien theory states
lienee
lienor
life cap
life care facility
life cycle costing
life estate
life tenant
lifetime cap
lifetime payment cap
lifetime reverse mortgage
light and air
light industry
like kind property
limitations of actions
limited access highway
limited equity cooperative
limited power of attorney
limited referral agent
limited warranty deed
line of sight easement
line stakes
lineal foot
liquid asset
liquidity risk
lis pendens
listing
listing broker
litigation
littoral
littoral rights
livability space ratio
loan amount
loan application
loan application fee
loan balance table
loan constant
loan correspondent
loan discount fee
loan origination
loan package
loan parameters
loan processor
loan servicing
loan submission
loan term
loan-to-cost
loan-to-value
lobby
location, location, location
lock
lock box
lock box structure
lock commitment letter
lock failure
lock jumper
lock-in period
lockout period
loft
long-term lease
long-term mortgage
Longtime Homebuyer Tax Credit
loop
loss payee
loss severity
lot and block (recorded plat) system
lot split
low documentation loan
low rise
low-income housing limited partnership
Low-Income Housing Tax Credit (LIHTC)
lucrative title
luminous ceiling
lump-sum contract
lump-sum payment
M & A
Maggie Mae (MGIC)
magic page
magic wrap
MAI
majority
malfeasance
mall
management agreement
mandatory disclosure
mandatory mortgage lock
manufactured housing
manufactured housing securities (MHS)
maps and plats
marginal land
marina
market conditions
market data approach
market rent
market rental rates
market rents
market study
marketable title
master deed
master lease
master plan
Master Senior Appraiser (MSA)
master servicer
master switch
materialman
maximum loan-to-value ratio
maximum lock
MBS
Mbs Clearing Corporation (Mbscc)
measure of damages
meditation
meeting of the minds
meeting space
Megan's Law
merged credit report
meridian
mesne
message
metes and bounds
Metropolitan Statistical Area (MSA)
mezzanine
Micropolitan Statistical Area
mid-rise
middle market
mile
military clause
mineral rights
mineral royalties
minimum lot area
minimum payment option mortgage
minimum property requirements
minimum rent
miniperm loan
minor
misnomer
misplaced improvement
misrepresentation
mistake
mitigation of damages
mixed use
mobile home
mobile home certificate
model home
modification
modified annual percentage rate (APR)
modified gross lease
modular housing
month-to-month tenancy
monthly association dues
monthly debt service
Monthly Treasury Average Index (MTA Index)
monument
moral character
moral turpitude
more or less
mortgage
mortgage acceleration clause
Mortgage Acceleration Program
mortgage allocations
mortgage banker
mortgage banking
mortgage bond
mortgage broker
mortgage broker business
mortgage calculator
mortgage company
mortgage constant
mortgage debt
mortgage equity withdrawal (MEW)
mortgage excess servicing
mortgage formulas
mortgage fraud
mortgage grader
mortgage insurance
Mortgage Insurance Premium (MIP)
mortgage interest deduction
mortgage interest expense
mortgage lead
mortgage lien
mortgage life and disability insurance
mortgage life insurance
mortgage loan
mortgage modification
mortgage note
mortgage origination
mortgage originator
mortgage pass-through security
mortgage payment
mortgage pool
mortgage pre-approval
mortgage price
mortgage program
mortgage putback
mortgage rate
mortgage rate lock
mortgage recast
mortgage referrals
mortgage REIT
mortgage revenue bond
mortgage risk
mortgage scams
mortgage servicing
mortgage servicing rights (MSR)
mortgage shopping
mortgage spam
mortgage spreading agreement
mortgage subsidies
mortgage suitability
mortgage term
mortgage-backed certificate
mortgage-backed note
mortgage-backed security
mortgagee
mortgager
mortgaging out
mortgagor
mortmain
most favored tenant clause
mudroom
mudsill
multi-dwelling units
multi-peril policies
multifamily loans
multiple dwelling
multiple listing
multiple regression
municipal ordinance
mutual agreement
mutual mortgage insurance fund
mutual water company
mutuality of consent
naked title
name, change of
name, reservation of
NAREIT
narrative report
National Association of Exclusive Buyer Brokers
National Association of Master Appraisers
National Association of Mortgage Brokers (NAMB)
National Association of Real Estate Appraisers
National Association of REALTORS(R)
National Association of Review Appraisers and Mortgage Underwriters
National Council of Real Estate Investment Fiduciaries (NCREIF)
National Housing Act of 1968
National Housing Partnership
natural affection
natural person
navigable waters
NCREIF Property Index (NPI)
needs-based pricing
negative amortization
negative amortization cap
negative cash flow
negative easement
negative homeowner's equity
negative points
negotiation
net after taxes
net branch
net income multiplier
net investment in real estate
net investment income
net jumping
net lease
net listing
net proceeds
net property income from abroad (NPIA)
net purchase price
net real estate investment value
net returns
net sales proceeds
net spendable
net square footage
net usable acre
networking
never nester
new home sales
new listing
new town
niche market
no asset loan
no cash out refinance
no cash-out refinancing
no change scenario
no cost loan
no deal/no commission clause
no fee mortgage plus
no income loan
no income/no asset mortgage (NINA)
no ratio loan
no-documentation loan
no-lien affidavit
no-surprise adjustable rate mortgage
nominal consideration
nominal interest rate
non disturbance clause
non dom
non-financial asset
non-investment property
non-investment-grade CMBS
non-permanent resident alien
non-warrantable condo
nonagent
nonassumption clause
nonconforming use
nondiscretionary funds
nonhomogenic
noninstitutional lender
nonjudicial foreclosure
nonliquid asset
nonrecourse loan
nonrecurring closing costs
note rate
notice of assessment
notice of completion
notice of dishonor
notice of nonresponsibility
notice to quit
notorious possession
nuisance
nuncupative will
nut
oath
obligee
observed condition
occupancy agreement
occupancy fraud
occupancy permit
occupancy rate
odd-days interest
off record title defect
off-balance sheet items
off-site costs
off-site management
off-street parking
offer and acceptance
offer to lease
offeror
office building
office exclusive
Office of Equal Opportunity (EEO)
Office of Interstate Land Sales Registration
offset statement
oil and gas lease
on or before
on site management
one hundred percent commission
one percent rule
one-third rule
one-year adjustable rate mortgage
open and notorious possession
open house
open housing
open listing
open mortgage
open space
open-end lease
open-end mortgage
operating budget
operating cost escalation
operating lease
operation of law
opinion of title
opportunistic
option agreement
option ARM loan
option fee
option listing
option not to deliver
option period
option to renew
oral contract
ordinance
ordinary gain
orientation
original principal balance
origination fee
origination points
ostensible agency
out parcel
outside of closing
over allotment
over improvement
over-55 home sale exemption
overall rate (OAR)
overflow right
overlying mortgage
override
overriding royalty
owelty
own
owner financing
owner occupant
owner's policy
owner's title insurance
ownership in severalty
PAC bond
PAC tranche
package loan
package mortgage
pad
paired sales analysis
panic peddling
par rate
paragraph 17
parapet
parcel
parity clause
parking ratio
parol evidence rule
partial payment
partial prepayment
partial reconveyance
partial release
partial sale
partial taking
participating broker
participating debt
participation
participation mortgage
parties
party wall
pass through certificate
passive income
passive income generator (PIG)
passive loss
paydown factor
paydown magic
payment adjustment interval
payment bond
payment cap
payment change date
payment option ARM
payment option ARM minimum payment
payment power
payment rate
payoff
payoff month
payoff statement
payor
pedestrian traffic count
pension liability
penthouse
per diem interest
per unit cost method
percentage lease
percentage rent
percolation test
perfect escrow
perfect title
perfecting title
performance based fees
performance measurement
periodic payment cap
periodic refinancing
periodic tenancy
permanent buydown
permanent loan
permissive waste
person
personal property
personal representative
petition
phase i audit
PHLX Housing Sector Index (HGX)
physical deterioration
physical life
pi
pier
pipeline risk
pipestem lot
PITI
PITI reserves
placement fee
plain-vanilla CMO
planned unit development (PUD)
planning commission
plans and specifications
plat
plat book
plat map
plaza
pledged account mortgage (PAM)
plot plan
PMI
pocket license card
pocket listing
point of beginning (POB)
police power
pool
pool factor
portable mortgage
porte cochere
portfolio lender
portfolio loan
positive cash flow
positive spread investing (PSI)
possession
postdated check
posted prices
potable water
power of sale
practice of law
pre-approval letter
pre-approved loan
preclosing
preemption
preexisting use
preforeclosure sale
preleased
preliminary costs
preliminary report
preliminary title insurance report
premises
prepaid fees
prepaid items
prepayment clause
prepayment risk
prepayment speed
prequalification
prequalified loan
presale
prescription
preservation district
presumption
prevailing party
prevailing rate
price-gouging
pricing notch point (PNP)
prima facie evidence
primary issuance
primary residence
prime space
prime tenant
principal
principal amount
principal balance
principal broker
principal limit
principal meridian
principal paid over life of loan
principal payments
principal residence
principal-only strip
principle of conformity
principle of progression
principle of regression
prior appropriation
private equity offering
Private Mortgage Insurance (PMI)
private offering
private REIT
private sector pass-through
privity
proceed order
proceeds of loan escrow
processing
processing fee
procuring cause
production acres
profit a predre
progress payments
progression
prohibited transaction
projected maturity date
promulgate
property
property derivative
property flipping
property manager
property reports
property residual technique
property tax
proposition
proprietary lease
proration
protected class
PSA prepayment model
public auction
public land
public sale
PUD
puffing
punch list
pur autre via
purchase agreement
purchase money transaction
purchase-money mortgage
purchasers policy
pyramid zoning
quadrangle
quadraplex
quadrominium
qualification
qualification rate
qualification ratio
qualification requirements
qualified acceptance
qualified buyer
qualifying ratios
quantity survey method
quantum
quantum meruit
quarter section
quash
quasi
quiet title
quit enjoyment
quitclaim deed
r-value
radon
rafter
range line
range of value
rate caps
rate protection
rate sheets
rate-improvement
rate/point breakeven
rate/point options
ratification
rating agencies
raw land
raw space
ready, willing, and able buyer
real asset
real estate
real estate agent
real estate broker
real estate contract
real estate fund
real estate fundamentals
real estate investment group
Real Estate Investment Trust
Real Estate Investment Trust Act of 1960
real estate license law
Real Estate Mortgage Trust (REMT)
real estate operating company (REOC)
real estate recovery fund
real estate short sale
real property
realtist
realtor
realty
reappraisal lease
reasonable time
recapture
recapture clause
recapture rate
recast payment
recasting
receivables financing
receiver
reciprocal easements
reciprocity
recital
reclamation
recognition
recognition clause
reconveyance
record owner
record title
recorder
recourse
recourse note
recovery fund
recreational lease
rectangular (government) survey system
reddendum clause
redemption period
redemption, equitable right of
rediscount rate
reduction certificate
reentry
referee
referral agency
referral fees
referral power
referral site
refinance transaction
reformation
refurbish
regional diversification
regional shipping center
registered land
rehab
rehabilitate
rehabilitation mortgage
reinstatement
reissue rate
REIT
REIT ETF
REIT Modernization Act of 1999
release
release clause
release deed
reliction
relinquished property
relocation clause
relocation company
relocation mortgage (relo)
remaining balance
remaining principal balance
remaining term
remediation
remise
rendering
renegotiation of lease
renewal option
renewal probability
rent
rent commencement date
rent control
rent escalation
rent loss insurance
rent premium
rent roll
rent schedule
rent to own
rent up period
rentable to usable ratio
rental agency
rental agreement
rental growth rate
rental real estate loss allowance
rentier
REO
repairs
replacement property
replacement reserve fund
representation and warranties
reproduction cost
requested cash out
rescission clause
reserve account
reserve for replacements
residence
residence property
resident manager
residential mortgage
residential property
residential rental property
residual process
resort property
RESPA
respondeat superior
restraint on alienation
resubdivision
retainage
retaining wall
retaliatory eviction
retroactive liability
retrocession
revenue stamp
reverse mortgage
reverse-annuity mortgage
reversion
reversion capitalization rate
reversion value
reversionary factor
reversionary interest
reversionary right
review appraiser
right of contribution
right of first offer
right of ingress or egress
right of redemption
right of survivorship
right of way
right to rescission
right to use
riparian lease
riparian rights
risk
risk adjusted rate of return
risk financing
rod
ROI/ROE
roll over risk
rollover mortgage
rollover risk
roof inspection clause
rooming house
row house
rule of five
rules and regulations
run with the land
running with the land
runs with the land
rural
Rural Housing Service Loan
S&P/Case-Shiller Home Price Index
sale of leased property
sales assessment ratio
sales associate
sales charge
sales comparison approach
sales comparison value
sales contract
sales fee
salesperson
satellite city
satellite tenant
satisfaction
satisfaction of mortgage
scenario analysis
scenic easement
scheduled mortgage payment
schematics
scope of authority
sealed and delivered
seasoned loan
second chance loan
second generation leasing
second home
second lien debt
second mortgage
second mortgage lending
secondary financing
secondary mortgage market
Secondary Mortgage Market Enhancement Act (SMMEA)
secondary space
section
Section 8 housing
secured party
securitization
securitize
security deposit
security interest
seisen
seizing
self help
self managed REIT
self-administered REIT
self-amortizing mortgage
self-employed borrower
seller
seller carryback
seller contribution
seller financing
seller's expenses
selling broker
semi-detached dwelling
senior classes
senior secured debt
sensitivity
separate property
sequential pay CMO
sequestrate order
service of process
servicing
servicing agent
servicing release premium
servicing strip
servicing transfer
servitude
set aside letter
setback
setoff
settlement
settlement agent
settlement costs
settlement or closing fees
settlement sheet
settlement statement
severalty
severance
severance damages
shall
share appreciation mortgage
sharecropping
shared equity transaction
shell lease
sheriffs deed
Sherman Anti-Trust Act
shopping center
shopping site
shoreline
shoring
short form document
short rate
should
sick building syndrome
sight line
signage
signature
silent second
silent second mortgage
simple interest bi-weekly mortgage
single family residence
single file mortgage insurance
single-lender web site
site
site analysis
site development
site office
site plan
situs
skip-payment mortgage
sky lease
slab
slander of title
sleeper note
slum clearance
Society of Industrial and Office REALTORS(R) (SIOR)
Society of Real Estate Appraisers (SREA)
soft cost
soil bank
solar easement
solar heating
space plan
spec home
special agent
special assessment
special benefit
special conditions
special forbearance
special lien
special purpose property
special servicer
special use permit
special use property
special warranty deed
specialty REIT
specific lien
specific performance
specified investing
speculation
speculative space
speculator
spite fence
split fee financing
split funding
split level
split rate
splitting fees
spot loan
spot zoning
spousal stripping
spreading agreement
square foot method
stabilized net operating income
stabilized occupancy
staging
staking
standard metropolitan statistical area
standard payment calculation
standards of practice
standing loan
start rate
starter
starts
state certified appraiser
Stated assets
Stated income
statute of frauds
statutory lien
statutory right of redemption
steering
step rate mortgage
step up in basis
step-down lease
step-up lease
stepped up basis
stigmatized property
straight lease
straight loan
straight note
straight-lining
strategic default
straw buying
straw man
streamlined refinancing
strict foreclosure
strict liability
strip center
strip mortgage participation certificate (strip PC)
stripped mortgage-backed securities
structural alterations
structural defects
structural density
studio
sub agency
sub agreement of sale
sub-divider
subagent
subdivision
subdivision and development ordinances
subjacent support
subject to
subject to clause
subject to mortgage
subjective value
sublease
sublease, subleasing, subletting
subletting
submittal notice
submortgage
subordinate financing
subordinate loan
subordinated classes
subordination
subordination agreement
subordination clause
subpoena duces tecum
subprime borrower
subprime lender
subprime market
subprime mortgage
subprime mortgage market
subrogation
subsequent bona fide purchaser
subsequent rate adjustments
subsequent rate cap
subsidized housing
substantial improvement
substitution
substitution of collateral
subsurface rights
subvented lease
success coach
suit for possession
suit to quiet title
summary possession
summons
super floater
super jumbo mortgage
superadequacy
superfund
support deed
surface rights
surface water
surrender
survey
survivorship
suspension
sweetheart contract
synthetic lease
tacking
takedown
takeout financing
taking
tangible property
tax and lien search
tax certificate
tax deed
tax deferred exchange
tax lien
tax map
tax participation clause
tax roll
tax search
tax service fee
tax stop clause
teaser rate
temporary buydown
tenancy
tenancy at sufferance
tenancy at will
tenancy by the entirety
tenancy for life
tenancy for years
tenancy in common
tenancy in partnership
tenancy in severalty
tenant
tenant alternative costs
tenant at will
tenant contributions
tenant improvement (TI)
tenant improvement allowance
tenant mix
tenant union
tenement
tenure
tenure annuity
Term Auction Facility
terminal capitalization rate
termination of listing
termite inspection
termite shield
testimonium
thin capitalization
third party origination
tidewater land
tie in contract
tight money market
time is of the essence
time price differential
time weighted average annual rate of return
time-share ownership plan
time-sharing
timeshare ownership plan (TSO)
tipping point
title binder
title company
title defect
title exam
title insurance
title insurance binder
title paramount
title report
title risk
title search
title theory
tolling
topography
topping off
Torrens system
total acres
total commitment
total expense ratio
total interest payments
total inventory
total lender fees
total loan amount
total monthly housing costs
total of all payments
total principal balance
total retail area
townhouse
township
township lines
township tiers
toxic assets
tract
tract house
tract index
trade fixture
trade in
trade usage
trading down
trading up
transactional broker
transfer
transfer of ownership
transfer of physical assets (TPA)
transfer tax
tread
Treasury index
treble damages
trespass
trigger terms
triplex
truss
trust account
trust beneficiary
trust deed
trust deed lien
trustee's deed
Truth in Lending
tsunami damage
turnkey project
two- to four-family property
two-step mortgage
Umbrella Partnership Real Estate Investment Trust (UPREIT)
unbalanced improvement
uncertainty
unconscionability
under construction
under contract
under-floor ducts
under-improvement
underage
underfloor ducts
underground storage tank
underimprovement
underlying financing
underlying mortgage
undertenant
undervalued
underwriters knot
underwriting requirements
undisclosed agency
undivided interest
undue influence
unearned increment
unencumbered
unencumbered property
unenforceable contract
unethical
unfair and deceptive practices
unfinished office space
Uniform Building Code (UBC)
Uniform Residential Appraisal Report (URAR)
uniform settlement statement
uniformity
unilateral contract
unimproved land
unincorporated association
unit in place method
unities
universal agent
unjust enrichment
unlawful detainer
unmarketable title
unrecaptured Section 1250 gain
unrecognized gain
unrecorded deed
unsold inventory index
up leg
up-zoning
Upfront Mortgage Broker (UMB)
upset date
upset price
upside
upside down
upzoning
urban
urban renewal
urban sprawl
usable square footage
use
use tax
use value
usufructuary right
utility easement
utility value
VA loan
vacancy factor
vacancy rate
vacant
vacant space
vacate
vacation home
valid contract
value
variable payment plan
vendee
vendors lien
veneer
vent
venue
verification
Verification of Deposit (VOD)
Verification of Employment (VOE)
vested interest
vestibule
Veterans Administration (VA)
Veterans Administration (VA) Mortgage
veto clause
vicarious liability
villa
violation
virtual storefront
visual rights
voidable contract
voluntary lien
wainscoting
waive escrows
walk-up
walkthrough
walkup
wall to wall carpeting
warehouse
warehouse fee
warehouse lender
warehousing
warrantable condos
warranty deed
waste
waste line
wasteland
water rights
water table
watercourse
waterfront property
way
weekly mortgage applications survey
weep hole
weighted average coupon
weighted average equity
weighted average maturity
weighted average rental rates
wet column
wetlands
whole loan
wholesale lender
wholesale mortgage prices
wholesaling
widows quarantine
wipeout
without recourse
work letter
Workers Compensation Acts
working drawings
worst-case scenario
worth
worthless
wraparound debt
wraparound mortgage
X
X bracing
xylotomous
yard
year to year tenancy
yield capitalization
yield maintenance premium
yuppie
zero lot line
zone
zone condemnation
zone of transition
zoning
zoning estoppel
zoning ordinance
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