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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Insects that destroy the support wood in the structure of a building. Termite inspection should be periodically performed to detect their existence. If an infestation is confirmed, the ...

A 12-month period used by a real estate company or partnership to account for and report business operations. Typically, the fiscal year ends December 31. ...

Individual (s) entitled to receive the income generated by the trust. ...

Value of benefit or contribution allocated to an employee under a pension plan; method of determining benefits due a retired employee. Each private pension plan establishes rules for ...

Insured sum paid regularly to a married partner (usually a wife but sometimes a husband) of a retired worker. There are several forms: The Federal Retirement Equity Act mandates a spouse's ...