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Jaime Uziel knows that as a real estate attorney his clients depend on him to interpret the legalese that's part of any real estate transaction. He's happy to do that, he says, but he also tries ...
Pages in category "Real estate terminology" ... out of 58 total. ... additional terms may apply.
Here are 15 real estate terms you need to know. Real Estate Agent Professional who represents the seller (listing agent) or buyer (buyer’s agent) in a real estate transaction.
Binder – In law, a binder (also known as an agreement for sale, earnest money contract, memorandum of sale, or contract to sell) is a short-form preliminary contract in which the purchaser agrees to buy and the seller agrees to sell certain real estate under stated terms and conditions, usually in the form of a purchase offer, and is ...
Let to buy – a form of transaction whereby homeowners rent out their current main residence, either by obtaining consent from their current mortgage lender or remortgaging to a buy to let loan, in order to purchase another home. [5]
In English common law, fee tail or entail is a form of trust, established by deed or settlement, that restricts the sale or inheritance of an estate in real property and prevents that property from being sold, devised by will, or otherwise alienated by the tenant-in-possession, and instead causes it to pass automatically, by operation of law, to an heir determined by the settlement deed.
For a glossary of terms and characters used in a work or series of works of fiction (i.e. a fictional universe), the form Glossary of work/series/franchise name terminology is preferred (again with redirects) since the terms form a terminological system that does not exist as terms in use outside that fictional context.
a notional source of unexpected or illogical questions, ideas, etc. ("that proposal came out of left field") [585] Defined by the Merriam-Webster online American dictionary as having American baseball-related origins [586] (the) Lower 48 used mainly by Alaskans, this is a colloquialism for the 48 Contiguous United States.