Accounting

Definition of "Accounting"

Same as term: generally accepted accounting principles (GAAP):

Search Real Estate Glossary

Related Real Estate Glossary terms

Veneer

Outside of a structure covering a lower quality or cheaper surface to make the structure look better ...

Written Business

Insurance for which (1) an application has been filed but the first premium has not yet been paid or ...

Lag

Time that has elapsed between when claims actually occurred and when claims are actually paid. ...

Attachment

Legal term of the writ authorizing the taking of property or rights because of legal action. Its pur ...

Expense Reimbursement Allowance

Same as term Expense Allowance: payment to an insurance agent in addition to commissions. Expense al ...

Sales Price (gross)

The price the seller charges the buyer for real estate. The net sales price received by the seller w ...

Related Real Estate FAQ

How Can I Protect My Home Office?

Commercial insurance is designed to help protect many of the risks your business can face, includin ...

What Is Title Insurance?

Title insurance is insurance that protects the lender and buyer against any losses incurred from dis ...

What Does Travel Insurance Typically Cover?

Loss of luggage Loss of travel documents Cancellation and lost deposit expenses Medical expens ...

What Is A Mortgagor?

A mortgagor is the borrower. ...

What Are Jumbo Mortgages?

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

What Is A Mortgage Broker?

A mortgage broker is an intermediary who ensures a loan between a borrower and lender. The broker ta ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Rent or Buy - the pros and cons Is it better to buy or sell a home first Tax Breaks for the First Time Home Buyer How To Sell Your Home Foreclosure - The Pros and Cons of Buying

FAQ

What is a mortgage? What are jumbo mortgages? What is a credit report? What is a principal? What do I need to know about RV Insurance?