Sun Realty USA, Inc

Real Estate Glossary Terms

• Administrator’s Deed

  Deed used to convey an intestates real property through a court appointed administrator. The admini ...

• Foreclosure Sale

  A legal procedure to sell a mortgage property to the highest bidder in order to satisfy a mortgage c ...

• Vacancy Factor

  Percentage of rentals estimated not to be made because of actual and anticipated vacancies. ...

• PITI

  Principal, interest, taxes, and insurance. These are the components of the monthly housing expense. ...

• Lost Policy Receipt

  Life insurance company form to be signed by a policyholder who wishes to surrender a policy that has ...