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Popular Real Estate Questions

Popular Real Estate Glossary Terms

A covenant real estate definition covers covenants in the context of residential real estate, condominiums, neighborhoods, or housing co-ops that are ruled by an agreement of the owner to ...

Transformation of a stock insurance company into a mutual insurance company, in which the stock company buys up and retires its shares. ...

Latin term meaning legal capacity to act on behalf of oneself. ...

Extension of coverage available under the Standard Fire Policy. The standard policy only covers the perils of fire and lightning. The endorsement covers riot, riot attending a strike, civil ...

A proposal to buy property at a specified price. The seller of the property has the options of accepting the offer, rejecting it, or making a counteroffer. For example, John signs a listing ...