Realty Texas

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 ...