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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Federal agency that aids veterans of the armed forces. For example, it guarantees a home loan for up to a predetermined dollar amount or percentage of the loan balance, whichever is less. ...

For loss of an obligee in the event that the principal fails to perform according to standards agreed upon between the obligee and the principal. ...

List of architectural design items needing to be corrected and resolved prior to finalizing a building design. ...

Cost of replacing damaged or destroyed property with comparable new property, minus depreciation and obsolescence. For example, a 10-year-old living room sofa will not be replaced at ...

Sewer system built into the streets of a neighborhood that is capable of accommodating the excess water flow of a heavy storm without backing up or flooding. ...