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Popular Real Estate Glossary Terms
Coverage under the auspices of a federal or state agency that can be either mandatory or elective. ...
Also called interim financing. A mortgage that provides the funds necessary for the building or construction of a real estate project. The project can be a residential subdivision, a ...
A corporation that owns housing units and whose tenants purchase shares in the corporation equivalent to the value of their housing unit. Also called co-ops. ...
Tax concept whereby income not actually received is considered to be constructively received by a taxpayer and thus must be reported. ...
Purchase of part of property or property rights when condemnation takes place. The owner must be justly reimbursed. ...