Use this dictionary as a study guide for the real estate agent exam. Jul 1, 2015 hopplers real estate dictionary provides simple definitions of the most common terms and jargons in the industry. For example, furniture and draperies are items of personal property. Real estate glossary there is a lot of real estate terminology used during the home buying and selling process and century 21 is here to help you understand those terms. In a recent nahrep survey, top producing latino agents and loan officers indicated that 40 percent of their transactions make use of spanish at some point in the transaction and as much as 25 percent of all transactions utilize spanish. Land, buildings, and things permanently attached to land and buildings. This real estate dictionary compendium offers you dictionaries and glossaries with detailed explanations and definitions of terms, phrases, acronyms and abbreviations related to real estate. A real estate agent is a professional with a real estate license who works under a broker and assists both buyers and sellers in the homebuying process. By investing in real estate, he became one of the richest men in the the country. We have created a glossary of the most commonly used real estate terms and their definitions in order to help you better understand terminology used along your home buying or. Real estate land and any improvements such as buildings and other site features. An absentee owner usually requires a property manager to maintain the premises. Can include the right to enter and leave over the lands of another.
Download real estate dictionary for android on aptoide right now. Real estate glossary for mobile free beiks mobile version 6. Whether you are looking for an authoritative textbook like the appraisal of real estate or detailed information on current valuation issues and specific property types, youll. Real estate dictionary the most comprehensive real. A condensed history or summary of all transactions affecting a particular tract of land. Property that is not affixed is regarded as personal property. We recognize that real estate lingo isnt easy to figure out, especially if youre new to the job. Perfect for your trips or when no data connection is available. Real estate dictionary the definitions in this dictionary may not be the exact definitions you may find elsewhere. A declaration made by a person to a notary public or other public official, that an instrument was executed by him or her as a free and voluntary act is known. All information found on this site is for educational purposes only and should not be used for any legal purposes. An owner of real property that does not live on the premises. Real estate tax financial definition of real estate tax. Whether you are looking for an authoritative textbook like the appraisal of real estate or detailed information on current valuation issues and sp.
If youre already a salesperson or broker, than this real estate glossary will help you brush up on phrases that you may not come in contact with on a day to day basis. It allows a wide range of systems to talk to each other in a seamless manner. This app works offline you do not need an internet connection. Real estate definition and meaning collins online dictionary. Hopplers real estate dictionary provides simple definitions of the most common terms and jargons in the industry. Second, many terms derive from common usage and thus cannot be defined precisely as no exact definition exists. Real estate definition is property in buildings and land. We have created a glossary of the most commonly used real estate terms.
If you want to become a realtor, than these 497 real estate terms are for you. Browse our store and choose from our extensive collection of books, periodicals, and educational materials on the valuation of residential and commercial real property. So, whether youre looking to become a real estate agent or just looking for a refresher on your vocabulary, the real estate dictionary is for you. Page 1 a abandonment failure to occupy and use property. Welcome to the online dictionary for the real estate industry. In a recent nahrep survey, top producing latino agents and loan officers indicated that 40 percent of their transactions make use of spanish at some point in the transaction and as much as 25 percent of all transactions utilize spanish exclusively as the means of. The legal right to enter and leave a tract of land from a public way. Land, including the resources in and on it, and the buildings and permanent fixtures attached to it. Real estate is property in the form of land and buildings, rather than personal possessions. July was the first month that interest rates stayed above 4 percent for the entire month since september 2014. Our editors consistently update our vast database of real estate terms to always keep this amazing resource relevant and up to date. How to profit from direct real estate investing 16 5 10 reasons to invest with real estate. The complete dictionary of real estate terms explained simply.
Real estate definition and meaning collins english dictionary. Real estate pronunciation in english cambridge dictionary. A course companion for studying for the real estate exam, for. Real estate words is the largest online dictionary of real estate terms on the internet. Realestate definition of realestate by the free dictionary. Its a valuable resource that will help consumers feel more comfortable, and help real estate professionals guide clients through the process. Download real estate dictionary and enjoy it on your iphone, ipad, and ipod touch. The slow buildup of land by natural forces such as wind.
Real estate definition of real estate by the free dictionary. Real estate abc information on buying and selling a home. Real estate dictionary real estate law business law. Real estate glossary first american title insurance. Levies against individual unit owners in a condominium or planned unit development. Real estate legal definition of real estate legal dictionary. Chapter 15 appraisal and valuation theoretical concepts of value and definitions, principles of valuation, basic valuation definitions, forces influencing value, economic trends affecting real estate value, site analysis and valuation, architectural styles and functional utility, the. It can also refer to land that will be developed into a commercial project in the future. The program has been specifically designed to help polley students memorize legal terms and definitions that frequently appear on the state real estate sales licensing exams. Search thousands of terms from multiple authoritative dictionaries, all from industryleading publishers. Real estate terms, definitions and dictionary related to real estate licensing and real estate exams.
The real estate dictionary paperback january 16, 1998 by j. Clear, indepth definitions of real estate terms, including information on mortgages, property. Realestate article about realestate by the free dictionary. An unwritten body of law based on general custom in england and used to an extent in the united. First these terms are defined only to the extent that they relate to real estate. Voluntary and permanent cessation with no intention to resume or reclaim ones interest is called abandonment. Real estate dictionary a abstract of title a condensed history or summary of all transactions affecting a particular tract of land. Longterm mortgage interest rates continued their move to record highs for 2015, according to data from mortgage finance company freddie mac.
Download now real estate dictionary offline features. Real estate syndication, real estate investment trusts. Real estate words is the largest online glossary of residential and commercial real estate terminology, language and words created by real estate professionals. Buying or selling a home is one of the most important decisions in someones life. A credit history helps a lender to determine whether a potential borrower has a. Real estate dictionary by farlex gives you free, instant access to thousands of real estate definitions and hundreds of images from multiple real estate, mortgage, and financial dictionaries. Everything you need to know to succeed in the new world of openaccess, online commercial real estate investing. Real estate dictionary the most comprehensive real estate. Due to an increase in demand for rental property, there has also been an increase in absent. Real estate dictionary index, a to z online dictionary. A real estate broker is a real estate agent who has passed a state brokers exam and met a minimum number of transactions.
The definition of commercial properties encompasses industrial properties, medical facilities, office buildings, retail centers, and multifamily complexes. Rightclick on the links below, then save as or save link as to download these available mp3 files. The glossary of real estate industry terms is a publication of the national association of hispanic real estate professionals. Clear, indepth definitions of real estate terms, including. Real estate dictionary index, a to z online dictionary of. This glossary covers all terms and phrases associated with a real estate transaction. There is a lot of real estate terminology used during the home buying and selling process and century 21 is here to help you understand those terms. Data dictionary reso real estate standards organization. How to talk the talk buying a home can be exciting.
Dec 28, 2015 the most comprehensive real estate dictionary online. Download it once and read it on your kindle device, pc, phones or tablets. Real estate dictionary free pdf download with images pdf. Real estate abc information on buying and selling a home interest rate report jul 2015. Real estate dictionary by farlex gives you free, instant access to thousands of real estate definitions and hundreds of images from multiple real estate, mortgage. Alaa fekry, member of the board of directors of the real estate investment division at the federation of egyptian chambers of commerce fedcoc said that applying the real estate tax on units exceeding egp 2m under specific conditions is a good and balanced tool to increase state resources without harming low and middleincome citizens. Access the right to enter and leave a tract of land from a public way. Use features like bookmarks, note taking and highlighting while reading the complete dictionary of real estate terms explained simply. A payment by a borrower of more than the scheduled principal amount due in order to reduce the remaining balance on the. An offerees consent to enter into a contract and be bound by the terms of the offer.
The ultimate dictionary of real estate terms you should know. Estate 1 the interest or nature of the interest which one has in property, such as a life estate, the estate of a decreased, real estate, etc. The real estate marketplace glossary federal trade commission. It also can be somewhat daunting, even if youve done it before. The reso data dictionary is the real estate industrys universal language for data. A record of an individuals open and fully repaid debts.
Commercial real estate is defined in opposition to residential real estate. Total existinghome sales grew to a seasonally adjusted annual rate of 5. Real estate terminology a course companion for studying for the real estate exam, for real estate home study courses, for real estate continuing education courses, for real estate statutory courses, and for any form of college real estate course. Fixtures include buildings, fences, and things attached to buildings, such as plumbing, heating, and light fixtures. Real estate definition, property, especially in land. The comprehensive guide to commercial real estate investing.
A course companion for studying for the real estate exam. Aug 23, 2019 real estate dictionary by farlex gives you free, instant access to thousands of real estate definitions and hundreds of images from multiple real estate, mortgage, and financial dictionaries. Can include the right to enter and leave over the land of another. A provision in a mortgage that gives the lender the right to demand payment of the entire principal balance if a monthly payment is missed. The rightful possession of such rights is called ownership. Real estate article about real estate by the free dictionary. You will deal with mortgage options, credit reports, loan applications, contracts, points, appraisals, change orders, inspections, warranties, walkthroughs, settlement.
1577 565 1070 846 1589 1033 117 178 1337 635 505 1195 658 541 1248 395 192 112 1252 189 495 273 624 1410 1196 784 1078 294 536 1004 163 319 1225