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Popular Real Estate Glossary Terms
The broad use of credit to purchase a security. ...
Ownership rights to real or other types of tangible or intangible property. Property rights include exclusive occupancy, possession, use, and the right of disposition. Individuals groups, ...
Total premiums generated from all policies written by an insurance company within a given period of time. ...
Same as term junior mortgage: Mortgage placed on a property after a previous mortgage. It can be a second, third, etc. mortgage. A junior mortgage is subordinate to the terms of a previous ...
Highest bid to buy and the lowest offer to sell a parcel of real estate in a particular market at a specified time. ...