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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Also called opportunity cost. The return foregone from an alternative employment of time or facilities. For example, if a building is rented out to a charity for a bingo night for $1,000 ...

A method of brick construction where the bricks are laid with their sides facing outward. ...

The definition of plottage in real estate is simple. When you combine multiple pieces of land into one large parcel, the plot appreciates in value. This is not to be confused with the ...

Revising the provisions, conditions, or terms of an oral or written agreement or contract. An example is when a contractor wants to increase the price of a job on a home when he realizes ...

Individual who represents a ceding insurance company in placing its business with a re insurer. ...