Realty Texas

Leisa Ormsbee

Leisa Ormsbee


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2000 South IH 35 Ste E-1
Round Rock - TX 78681

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Office: 1-512-590-1833
Home: 1-512-590-1833
Tollfree: 1-512-590-1833

Real Estate Glossary Terms

  • Exclusionary Zoning

    Property zoning having the net effect, intended or not, of excluding the poor and minority groups fr ...

  • Functional Depreciation

    A reduction in structural value from all reasons except physical failure. For example, a commercial ...

  • Truth In Lending (TIL)

    The federal law that specifies the information that must be provided to borrowers on different typ ...

  • Drug Formularies

    Recommendation of medications that should be prescribed for certain ailments. They can be classified ...

  • Guarantor

    Term in surety coverage. Through the issue of a surety bond, a surety company is in effect the guara ...

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ABR, Accredited Buyer Representative
Fair Housing and Equal Opportunity (FHEO)
SFR - Short Sales and Foreclosures
SRES®, Senior Real Estate Specialist
SRS - Seller Representative Specialist
The Multiple Listing Service Mark


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