Master Glossary
Here You will Find Access to Terms and Definitions That are Used in Our Courses. Hover or Click on the Term.
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- ABANDONMENT
- ABATEMENT OF NUISANCE
- ABSOLUTE OWNERSHIP
- ABSTRACT OF JUDGMENT
- ABSTRACT OF TITLE
- ABSTRACTION
- ACCELERATED COST RECOVERY SYSTEM
- ACCELERATED DEPRECIATION
- ACCELERATION CLAUSE
- ACCEPTANCE
- ACCESS RIGHT
- ACCESSION
- ACCRETION
- ACCRUED DEPRECIATION
- ACCRUED ITEMS OF EXPENSE
- ACKNOWLEDGMENT
- ACOUSTICAL TILE
- ACQUISITION
- ACRE
- ACTUAL AUTHORITY
- ACTUAL FRAUD
- AD VALOREM
- ADDENDUM
- ADJUSTABLE RATE MORTGAGE (ARM)
- ADJUSTMENTS
- ADMINISTRATOR
- ADR
- ADVANCE
- ADVANCE COMMITMENT
- ADVANCE FEES
- ADVERSE POSSESSION
- AFFIANT
- AFFIDAVIT
- AFFIDAVIT OF TITLE
- AFFIRM
- AGENCY
- AGENT
- AGREEMENT
- AGREEMENT OF SALE
- AIR RIGHTS
- ALIENATION
- ALIENATION CLAUSE
- ALLODIAL TENURE
- ALLUVIUM
- ALTA OWNERS POLICY
- ALTA TITLE POLICY
- ALTERNATIVE DISUPUTE RESOLUTION (ADR)
- AMENITIES
- AMORTIZATION
- AMORTIZED LOAN
- ANNEXATION
- ANNUAL PERCENTAGE RATE
- ANNUITY
- ANTICIPATION, PRINCIPLE OF
- APPELLANT
- APPR0PRIATION OF WATER
- APPRAISAL
- APPRAISER
- APPURTENANT
- APR
- ARBITRATION
- ARCHITECTURAL STYLE
- ARTICLES OF INCORPORATION
- ARTIFICIAL PERSON
- ASSESSED VALUATION
- ASSESSMENT
- ASSESSOR
- ASSIGNMENT
- ASSIGNMENT OF RENTS
- ASSIGNOR
- ASSIGNS, ASSIGNEES
- ASSUMPTION AGREEMENT
- ASSUMPTION FEE
- ASSUMPTION OF MORTGAGE
- ATTACHMENT
- ATTEST
- ATTORNEY IN FACT
- AVULSION
- B.T.U.
- BACKFILL
- BALANCE SHEET
- BALLOON PAYMENT
- BARGAIN AND SALE DEED
- BASE AND MERIDIAN
- BASIS
- BEARING WALL
- BENCH MARK
- BENEFICIARY
- BEQUEATH
- BEQUEST
- BETTERMENT
- BILL OF SALE
- BINDER
- BLANKET MORTGAGE
- BLIGHTED AREA
- BLOCKBUSTING
- BONA FIDE
- BOND
- BOOK VALUE
- BREACH
- BROKER
- BROKER-SALESPERSON RELATIONSHIP AGREEMENT
- BUILDING CODE
- BUILDING LINE
- BUILDING RESTRICTIONS
- BUILDING, MARKET VALUE OF
- BUNDLE OF RIGHTS
- BUREAU OF LAND MANAGEMENT
- BUSINESS OPPORTUNITY
- BUYDOWN
- BUYER'S MARKET
- BYLAWS
- CAL-VET PROGRAM
- CAP RATE
- CAPACITY
- CAPITAL ASSETS
- CAPITAL GAIN
- CAPITALIZATION
- CAPITALIZATION RATE
- CARRYBACK LOAN
- CASEMENT WINDOWS
- CASH FLOW
- CAVEAT EMPTOR
- CC&Rs
- CCIM
- CERTIFICATE OF ELIGIBILITY
- CERTIFICATE OF REASONABLE VALUE (CRV)
- CERTIFICATE OF TAXES DUE
- CERTIFICATE OF TITLE
- CHAIN
- CHAIN OF TITLE
- CHANGE, PRINCIPLE OF
- CHARACTERISTICS
- CHATTEL MORTGAGE
- CHATTEL REAL
- CHATTELS
- CHOSE IN ACTION
- CIRCUIT BREAKER
- CLOSING
- CLOSING COSTS
- CLOSING STATEMENT
- CLOUD ON TITLE
- CO-SIGNER
- CODE OF ETHICS
- COLLATERAL
- COLLATERAL SECURITY
- COLLUSION
- COLOR OF TITLE
- COMMERCIAL ACRE
- COMMERCIAL LOAN
- COMMERCIAL PAPER
- COMMINGLING
- COMMISSION
- COMMITMENT
- COMMON AREA
- COMMON INTEREST SUBDIVISION
- COMMON LAW
- COMMON STOCK
- COMMUNITY PROPERTY
- COMPACTION
- COMPARABLE SALES
- COMPARISON APPROACH
- COMPETENT
- COMPETITION, PRINCIPLE OF
- COMPOUND INTEREST
- CONCLUSION
- CONDEMNATION
- CONDITION
- CONDITION PRECEDENT
- CONDITION SUBSEQUENT
- CONDITIONAL COMMITMENT
- CONDITIONAL ESTATE
- CONDITIONAL SALE CONTRACT
- CONDOMINIUM
- CONDOMINIUM DECLARATION
- CONFESSION OF JUDGMENT
- CONFIRMATION OF SALE
- CONFISCATION
- CONFORMITY, PRINCIPLE OF
- CONSERVATION
- CONSIDERATION
- CONSTANT
- CONSTRUCTION LOAN
- CONSTRUCTIVE EVICTION
- CONSTRUCTIVE FRAUD
- CONSTRUCTIVE NOTICE
- CONTIGUOUS
- CONTOUR
- CONTRACT
- CONTRACT, BILATERAL
- CONTRACT, EXECUTED
- CONTRACT, EXECUTORY
- CONTRACT, EXPRESS
- CONTRACT, IMPLIED
- CONTRACT, UNILATERAL
- CONTRIBUTION, PRINCIPLE OF
- CONVENTIONAL MORTGAGE
- CONVERSION
- CONVEYANCE
- COOPERATIVE (apartment)
- CORNER INFLUENCE TABLE
- CORPORATION
- CORPOREAL RIGHTS
- CORRECTION LINES
- CORRELATION
- COST APPROACH
- COTENANCY
- COUNTER OFFER
- COVENANT
- CPM
- CRAWL HOLE
- CRE
- CREDIT
- CURABLE DEPRECIATION
- CURRENT INDEX
- CURTAIL SCHEDULE
- DAMAGES
- DATA PLANT
- DEBENTURE
- DEBIT
- DEBT
- DEBTOR
- DECLINING BALANCE DEPRECIATION
- DECREE OF FORECLOSURE
- DEDICATION
- DEED
- DEED IN LIEU OF FORECLOSURE
- DEED OF TRUST
- DEED RESTRICTIONS
- DEFAULT
- DEFEASANCE CLAUSE
- DEFEASIBLE FEE
- DEFENDANT
- DEFERRED MAINTENANCE
- DEFERRED PAYMENT OPTIONS
- DEFICIENCY JUDGMENT
- DELEGATION OF POWERS
- DEPOSIT RECEIPT
- DEPRECIATION
- DEPTH TABLE
- DESIST AND REFRAIN ORDER
- DETERMINABLE FEE
- DEVISE
- DEVISEE
- DEVISOR
- DIRECTIONAL GROWTH
- DISCOUNT
- DISCOUNT POINTS
- DISCRETIONARY POWERS OF AGENCY
- DISINTERMEDIATION
- DISPOSABLE INCOME
- DISPOSSESS
- DOCUMENTARY TRANSFER TAX
- DOCUMENTS
- DONEE
- DONOR
- DOUBLE DECLINING BALANCE DEPRECIATION
- DRAW
- DUAL AGENCY
- DUE ON SALE CLAUSE
- DURESS
- EARNEST MONEY
- EASEMENT
- ECONOMIC LIFE
- ECONOMIC OBSOLESCENCE
- ECONOMIC RENT
- EFFECTIVE AGE OF IMPROVEMENT
- EFFECTIVE DATE OF VALUE
- EFFECTIVE INTEREST RATE
- EMBLEMENTS
- EMINENT DOMAIN
- ENCROACHMENT
- ENCUMBRANCE
- EQUITY
- EQUITY BUILD-UP
- EQUITY OF REDEMPTION
- EQUITY PARTICIPATION
- EROSION
- ESCALATION
- ESCALATOR CLAUSE
- ESCHEAT
- ESCROW
- ESCROW AGENT
- ESTATE
- ESTATE AT SUFFERANCE
- ESTATE AT WILL
- ESTATE FOR LIFE
- ESTATE FOR YEARS
- ESTATE FROM PERIOD TO PERIOD
- ESTATE OF INHERITANCE
- ESTIMATE
- ESTIMATED REMAINING LIFE
- ESTOPPEL
- ET UX
- ETHICS
- EVICTION
- EXCEPTIONS
- EXCHANGE
- EXCLUSION
- EXCLUSIVE AGENCY LISTING
- EXCLUSIVE RIGHT TO SELL LISTING
- EXECUTE
- EXECUTOR
- EXECUTORY CONTRACT
- EXPENSES
- FACADE
- FANNIE MAE
- FARMERS HOME ADMINISTRATION
- FEDERAL DEPOSIT INSURANCE CORPORATION
- FEDERAL HOME LOAN MORTGAGE CORPORATION
- FEDERAL HOUSING ADMINISTRATION
- FEDERAL LAND BANK SYSTEM
- FEDERAL NATIONAL MORTGAGE ASSOCIATION
- FEDERAL RESERVE SYSTEM
- FEE
- FEE SIMPLE
- FEE SIMPLE DEFEASIBLE
- FEE SIMPLE ESTATE
- FEUDAL TENURE
- FHLMC
- FIDELITY BOND
- FIDUCIARY
- FIDUCIARY DUTY
- FILTERING
- FINANCIAL INTERMEDIARY
- FINANCING PROCESS
- FINANCING STATEMENT
- FIRST MORTGAGE
- FIRST TRUST DEED
- FISCAL CONTROLS
- FISCAL YEAR
- FIXITY OF LOCATION
- FIXTURES
- FORECLOSURE
- FORFEITURE
- FRANCHISE
- FRAUD
- FRAUDS, STATUTE OF
- FREDDIE MAC
- FREEHOLD ESTATE
- FRONT FOOT
- FRONT MONEY
- FRONTAGE
- FROSTLINE
- FULLY INDEXED NOTE RATE
- FUNCTIONAL OBSOLESCENCE
- FUTURE BENEFITS
- GABLE ROOF
- GAIN
- GAMBREL ROOF
- GENERAL LIEN
- GIFT DEED
- GOODWILL
- GOVERNMENT NATIONAL MORTGAGE ASSOCIATION
- GOVERNMENT SURVEY
- GRADE
- GRADUATED LEASE
- GRADUATED PAYMENT MORTGAGE
- GRANT
- GRANT DEED
- GRANTEE
- GRANTOR
- GRATUITOUS AGENT
- GRID
- GROSS INCOME
- GROSS MARGIN
- GROSS NATIONAL PRODUCT (GNP)
- GROSS RATE
- GROSS RENT MULTIPLIER
- GROUND LEASE
- GROUND RENT
- HABENDUM CLAUSE
- HEIR
- HIGHEST AND BEST USE
- HIP ROOF
- HOLDER IN DUE COURSE
- HOLDOVER TENANT
- HOMESTEAD (exemption)
- HOUSING FINANCIAL DISCRIMINATION ACT OF 1977 (Holden Act)
- HUD
- HUNDRED PERCENT LOCATION
- HYPOTHECATE
- IMPERATIVE NECESSITY
- IMPOUNDS
- INCOME (CAPITALIZATION) APPROACH
- INCOMPETENT
- INCORPOREAL RIGHTS
- INCREMENT
- INDEMNITY AGREEMENT
- INDENTURE
- INDEPENDENT CONTRACTOR
- INDORSEMENT
- INITIAL NOTE RATE
- INITIAL RATE DISCOUNT
- INJUNCTION
- INSTALLMENT NOTE
- INSTALLMENT REPORTING
- INSTALLMENT SALES CONTRACT
- INSTITUTIONAL LENDERS
- INSTRUMENT
- INTEREST
- INTEREST EXTRA LOAN
- INTEREST ONLY LOAN
- INTEREST RATE
- INTERIM LOAN
- INTERMEDIATION
- INTERPLEADER
- INTERVAL OWNERSHIP
- INTESTATE
- INVOLUNTARY LIEN
- IRREVOCABLE
- IRRIGATION DISTRICTS
- JOINT NOTE
- JOINT TENANCY
- JOINT VENTURE
- JUDGMENT
- JUDGMENT LIEN
- JUNIOR MORTGAGE
- JURISDICTION
- LACHES
- LAND
- LAND AND IMPROVEMENT LOAN
- LAND CONTRACT
- LANDLORD
- LATE CHARGE
- LATER DATE ORDER
- LATERAL SUPPORT
- LEASE
- LEASEHOLD ESTATE
- LEGAL DESCRIPTION
- LESSEE
- LESSOR
- LEVEL-PAYMENT MORTGAGE
- LEVERAGE
- LEVY
- LIEN
- LIFE ESTATE
- LIFE OF LOAN CAP (CAP RATE)
- LIMITATIONS, STATUTE OF
- LIMITED PARTNERSHIP
- LINTEL
- LIQUIDATED DAMAGES
- LIQUIDATED DAMAGES CLAUSE
- LIQUIDITY
- LIS PENDENS
- LISTING
- LIVERY OF SEISIN (SEIZIN)
- LOAN ADMINISTRATION
- LOAN APPLICATION
- LOAN CLOSING
- LOAN COMMITMENT
- LOAN-TO-VALUE RATI0
- MAI
- MARGIN OF SECURITY
- MARGINAL LAND
- MARKET DATA APPROACH
- MARKET PRICE
- MARKET VALUE
- MARKETABLE TITLE
- MATERIAL FACT
- MATURITY DATE
- MECHANIC'S LIEN
- MEDIATION CLAUSE
- MERIDIANS
- MESNE PROFITS
- METES AND BOUNDS
- MILE
- MINOR
- MISPLACED IMPROVEMENTS
- MISREPRESENTATION
- MOBILEHOME
- MODULAR
- MOLDINGS
- MONETARY CONTROLS
- MONUMENT
- MORATORIUM
- MORTGAGE
- MORTGAGE BANKER
- MORTGAGE CONTRACTS WITH WARRANTS
- MORTGAGE GUARANTY INSURANCE
- MORTGAGE INVESTMENT COMPANY
- MORTGAGE LOAN DISCLOSURE STATEMENT
- MORTGAGEE
- MORTGAGOR
- MULTIPLE LISTING
- MULTIPLE LISTING SERVICE
- MUTUAL SAVINGS BANKS
- MUTUAL WATER COMPANY
- NARRATIVE APPRAISAL
- NEGATIVE AMORTIZATION
- NEGOTIABLE
- NET INCOME
- NET LEASE
- NET LISTING
- NOMINAL INTEREST RATES
- NONCONFORMING USE
- NOTARY PUBLIC
- NOTE
- NOTE RATE
- NOTICE
- NOTICE OF NONRESPONSIBILITY
- NOTICE TO QUIT
- NOVATION
- NULL AND VOID
- OBSOLESCENCE
- OFFER TO PURCHASE
- OFFSET STATEMENT
- OPEN HOUSING LAW
- OPEN LISTING
- OPEN-END MORTGAGE
- OPINION OF TITLE
- OPTION
- ORAL CONTRACT
- ORIENTATION
- OSTENSIBLE AUTHORITY
- OVERIMPROVEMENT
- OWNERSHIP
- PACKAGE MORTGAGE
- PAR VALUE
- PARAMOUNT TITLE
- PARTICIPATION
- PARTIES (PARTY)
- PARTITION
- PARTITION ACTION
- PARTNERSHIP
- PARTY WALL
- PATENT
- PAYMENT ADJUSTMENT DATE
- PAYMENT CAP
- PAYMENT RATE
- PENALTY
- PERCENTAGE LEASE
- PERIMETER HEATING
- PERIODIC INTEREST RATE CAP
- PERSONAL PROPERTY
- PHYSICAL DETERIORATION
- PLAINTIFF
- PLANNED DEVELOPMENT
- PLANNED UNIT DEVELOPMENT
- PLANNING COMMISSION
- PLAT (of survey)
- PLEDGE
- PLEDGEE
- PLEDGOR
- PLOTTAGE
- PLOTTAGE INCREMENT
- POINTS
- POLICE POWER
- POWER OF ATTORNEY
- POWER OF SALE
- PREFABRICATED HOUSE
- PREFERRED STOCK
- PREPAID ITEMS OF EXPENSE
- PREPAYMENT
- PREPAYMENT PENALTY
- PRESCRIPTION
- PRESUMPTION
- PRIMA FACIE
- PRINCIPAL
- PRINCIPAL NOTE
- PRIOR LIEN
- PRIORITY OF LIEN
- PRIVATE MORTGAGE INSURANCE
- PRIVITY
- PRIVITY OF CONTRACT
- PRO RATA
- PROCURING CAUSE
- PROGRESS PAYMENTS
- PROGRESSION, PRINCIPLE OF
- PROMISSORY NOTE
- PROPERTY
- PROPERTY MANAGEMENT
- PRORATION
- PRORATION OF TAXES
- PROXIMATE CAUSE
- PUBLIC RECORDS
- PUBLIC TRUSTEE
- PURCHASE AND INSTALLMENT SALEBACK
- PURCHASE AND LEASEBACK
- PURCHASE MONEY MORTGAGE OR TRUST DEED
- PURCHASE OF LAND, LEASEBACK AND LEASEHOLD MORTGAGES
- QUANTITY SURVEY
- QUARTER ROUND
- QUIET ENJOYMENT
- QUIET TITLE
- QUITCLAIM DEED
- RADIANT HEATING
- RANGE
- RANGE LINES
- RATE ADJUSTMENT DATE
- RATIFICATION
- READY, WILLING AND ABLE BUYER
- REAL ESTATE
- REAL ESTATE BOARD
- REAL ESTATE INVESTMENT TRUST
- REAL ESTATE SETTLEMENT PROCEDURES ACT (RESPA)
- REAL ESTATE SYNDICATE
- REAL ESTATE TRUST
- REAL PROPERTY
- REAL PROPERTY LOAN LAW
- REAL PROPERTY SALES CONTRACT
- RECAPTURE
- RECONVEYANCE
- RECORDING
- REDEEM
- REDEMPTION
- REDLINING
- REFINANCING
- REFORMATION
- REHABILITATION
- REIT
- RELEASE CLAUSE
- RELEASE DEED
- REMAINDER
- REMAINDER DEPRECIATION
- RENEGOTIABLE RATE MORTGAGE
- RENUNCIATION
- REPLACEMENT COST
- REPRODUCTION COST
- RESCISSION
- RESCISSION OF CONTRACT
- RESERVATION
- RESERVES
- RESPA
- RESTRICTION
- RETROSPECTIVE VALUE
- RETURN
- REVERSION
- REVERSIONARY INTEREST
- REVOCATION
- RIGHT OF SURVIVORSHIP
- RIGHT OF WAY
- RIGHT, TITLE AND INTEREST
- RIPARIAN RIGHTS
- RISK ANALYSIS
- RISK RATING
- SALE AND LEASEBACK
- SALE-LEASEBACK-BUY-BACK
- SALES CONTRACT
- SALVAGE VALUE
- SANDWICH LEASE
- SASH
- SATISFACTION
- SATISFACTION PIECE
- SCRIBING
- SEAL
- SECONDARY FINANCING
- SECONDARY MARKET
- SECTION
- SECURED PARTY
- SECURITY AGREEMENT
- SECURITY INTEREST
- SEISIN (SEIZIN)
- SELLER'S MARKET
- SEPARATE PROPERTY
- SEPTIC TANK
- SERVICING LOANS
- SET BACK ORDINANCE
- SEVERALTY OWNERSHIP
- SHARED APPRECIATION MORTGAGE
- SHERIFF'S DEED
- SIMPLE INTEREST
- SINKING FUND
- SLANDER OF TITLE
- SPECIAL ASSESSMENT
- SPECIAL POWER OF ATTORNEY
- SPECIAL WARRANTY DEED
- SPECIFIC PERFORMANCE
- SREA
- STANDARD DEPTH
- STANDBY COMMITMENT
- STATUTE OF FRAUDS
- STATUTORY WARRANTY DEED
- STRAIGHT LINE DEPRECIATION
- STRAIGHT NOTE
- SUBAGENT
- SUBDIVISION
- SUBJECT TO A MORTGAGE
- SUBLEASE
- SUBORDINATE
- SUBORDINATION AGREEMENT
- SUBPOENA
- SUBROGATION
- SUBSIDY BUYDOWN
- SUBSTITUTION, PRINCIPLE OF
- SUM OF THE YEARS DIGITS
- SUPPLY AND DEMAND, PRINCIPLE OF
- SURETY
- SURPLUS PRODUCTIVITY, PRINCIPLE OF
- SURVEY
- SYNDICATE
- TAKE-OUT LOAN
- TAX
- TAX DEED
- TAX SALE
- TAX-FREE EXCHANGE
- TENANCY IN COMMON
- TENANT
- TENANTS BY THE ENTIRETIES
- TENTATIVE MAP
- TENURE IN LAND
- TERMITE SHIELD
- TERMITES
- TESTATOR
- THIRD PARTY
- THRESHOLD
- TIDELANDS
- TIME IS OF THE ESSENCE
- TIME-SHARE ESTATE
- TIME-SHARE PROJECT
- TIME-SHARE USE
- TITLE
- TITLE INSURANCE
- TITLE REPORT
- TITLE THEORY
- TOPOGRAPHY
- TORRENS TITLE
- TORT
- TOWNHOUSE
- TOWNSHIP
- TRADE FIXTURES
- TRADE-IN
- TRANSFER FEE
- TRUST ACCOUNT
- TRUST DEED
- TRUSTEE
- TRUSTOR
- TRUTH IN LENDING
- UNDERIMPROVEMENT
- UNDERWRITING
- UNDUE INFLUENCE
- UNEARNED INCREMENT
- UNIFORM COMMERCIAL CODE
- UNIT-IN-PLACE METHOD
- URBAN PROPERTY
- USURY
- UTILITIES
- UTILITY
- VA LOAN
- VACANCY FACTOR
- VALID
- VALLEY
- VALUATION
- VALUE
- VARIABLE INTEREST RATE
- VENDEE
- VENDOR
- VENEER
- VERIFICATION
- VESTED
- VOID
- VOIDABLE
- VOLUNTARY LIEN
- WAINSCOTING
- WAIVE
- WARRANTY DEED
- WARRANTY OF AUTHORITY
- WASTE
- WATER TABLE
- WEAR AND TEAR
- WILL
- WRAP AROUND MORTGAGE
- X
- YARD
- YIELD
- YIELD RATE
- ZONE
- ZONING
