Real estate Real estate 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". It is common for a variety of costs associated with the transaction (above and beyond the price of the property itself) to be incurred by either the buyer or the seller. These costs are typically paid at the closing, and are known as closing costs. ...more on Wikipedia about "Closing cost"
Community property is a marital property regime that originated in civil law jurisdictions, and is now also found in some common law jurisdictions. ...more on Wikipedia about "Community property"
Properties that are similar to the subject property. In real estate, a real estate agent checks the selling prices of comparables to help determine the value of a property he is appraising. ...more on Wikipedia about "Comparables"
A condo-hotel or a hotel-condo is a building used as both a condominium and a hotel. ...more on Wikipedia about "Condo-hotel"
A condominium, or condo for short, is a form of housing tenure. It is the legal term used in the USA and in most provinces of Canada for a type of joint ownership of real property in which portions of the property are commonly owned and other portions are individually owned. In Australia and the Canadian province of British Columbia, the legal term for this is known as strata title. ...more on Wikipedia about "Condominium"
Conveyancing is the act of transferring the ownership of a property from one person to another. The buyer needs to ensure that he or she gets good 'title' to the land; i.e., that the person selling the house actually has the right to sell it. The system of conveyancing is designed to ensure that the buyer gets the land together with all the rights that go with it, and knows about any restrictions in advance. ...more on Wikipedia about "Conveyancing"
Coving is a method of subdivision layout that maximizes lot area and open space by minimizing road right-of-way area. It is used as an alternative to conventional "grid" subdivision layout in order to reduce the improvement costs of additional utilities and road surfacing, as well as to improve aesthetics and to give all lots direct access to parks and open areas. ...more on Wikipedia about "Coving"
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A Deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e., the borrower) conveys all interest in a real property to the mortgagee (i.e., the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. ...more on Wikipedia about "Deed in lieu of foreclosure"
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. ...more on Wikipedia about "Domania"
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. The DLS is the dominant survey method in the Prairie provinces, but it is also used in British Columbia along the Railway Belt (near the main line of the Canadian Pacific Railway), and in the Peace River Block in the northeast of the province. The survey was begun July 10, 1871, shortly after Manitoba and the North-West Territories became part of Canada. Covering about 800 000 square kilometres, the survey system and its terminology are deeply ingrained in the rural culture of the Prairies. ...more on Wikipedia about "Dominion Land Survey"
A double closing is the simultaneous purchase and sale of a real estate property involving three parties: the original seller, an investor (middleman), and the final buyer. ...more on Wikipedia about "Double closing"
An earnest payment (sometimes called earnest money or simply earnest) is when a buyer gives something of value (money or otherwise) to a seller at the time an agreement is made and it is accepted by the seller as an indication that the agreement is complete. For the gift to be earnest it must be given outright by the buyer to the seller with no intention of ever getting it back. ...more on Wikipedia about "Earnest payment"
An Emphyteutic lease is a type of real estate contract specifying that the lessee must improve the property with construction. The term is commonly used in Quebec. These sorts of leases are usually associated with government properties. ...more on Wikipedia about "Emphyteutic lease"
An encumbrance is a legal term of art 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 also encumbrances. For example, charging orders, building orders and structure alteration. ...more on Wikipedia about "Encumbrance"
==Equestrian property== ...more on Wikipedia about "Equestrian property"
Escrow is a legal arrangement whereby an asset (often money, but sometimes other property such as art, a deed of title, or software source code) is delivered to a third party (called an escrow agent) to be held in trust pending a contingency or the fulfillment of a condition or conditions in a contract. Upon that event occurring, the escrow agent will deliver the asset to the proper recipient, otherwise the escrow agent is bound by her or his fiduciary duty to maintain the escrow account. ...more on Wikipedia about "Escrow"
An Estate (or housing estate) (mostly UK) refers to a defined area of housing, usually in a common style or built during the same period. ...more on Wikipedia about "Estate (area)"
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 an "estate" because the profits from its produce and rents are sufficient to support the household in the house at its center. Thus "the estate" may refer to all other cottages and villages in the same ownership as the mansion itself. An example of such an estate is Woburn Abbey in Bedfordshire, England. ...more on Wikipedia about "Estate (house)"
Estate agent is a United Kingdom term roughly synonymous with the United States term real estate broker, a business that arranges the selling, renting or management of homes, land and other buildings. ...more on Wikipedia about "Estate agent (United Kingdom)"
Farm property is a niche in the real estate market specialising in either agricultural estates or leisure developments planned in an agricultural setting. ...more on Wikipedia about "Farm property"
Farmer Mac or the Federal Agricultural Mortgage Corporation is a stockholder-owned, publicly-traded company that was chartered by the United States federal government in 1988 to serve as a secondary market in agricultural loans such as mortgages for agricultural real estate and rural housing. The company purchases loans from agricultural lenders, and sells instruments backed by those loans. The company also works with the United States Department of Agriculture. ...more on Wikipedia about "Federal Agricultural Mortgage Corporation" http://www.shortopedia.com - Go in quickly.
The Federal Home Loan Mortgage Corporation ("Freddie Mac") is a stockholder-owned, publicly-traded company chartered by the United States federal government in 1970 to purchase mortgages and related securities, and then issue securities and bonds in financial markets backed by those mortgages in secondary markets. Freddie Mac, like its competitor Fannie Mae is regulated by the Office of Federal Housing Enterprise Oversight (OFHEO) in the United States Department of Housing and Urban Development. ...more on Wikipedia about "Federal Home Loan Mortgage Corporation"
The Federal Housing Administration was begun as part of the New Deal in 1934. It guarantees private home mortgages ( FHA loans) and provides funds to promote housing construction, especially for poorer people. ...more on Wikipedia about "Federal Housing Administration"
The federal government of the United States created the Federal National Mortgage Association (FNMA) ( ), commonly known as Fannie Mae, in 1938 to establish a secondary market for mortgages insured by the Federal Housing Administration (FHA). Fannie Mae buys mortgages on the secondary market, pools them and sells them as mortgage-backed securities to investors on the open market. This secondary mortgage market helps to replenish the supply of lendable money for mortgages and ensures that money continues to be available for new home purchases. ...more on Wikipedia about "Federal National Mortgage Association"
Flipping is the practice of buying a real estate property, making improvements to it, and reselling it for a higher price, thus making a profit. A flipper is someone who flips houses or other properties in this manner. ...more on Wikipedia about "Flipping"
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