Addendum

Definition of "Addendum"

An attachment, clause, or section added to an agreement or contract specifying additional terms or requirements.

Search Real Estate Glossary

Related Real Estate Glossary terms

Fee Simple Absolute

An estate limited absolutely to an owner and his or her heirs in perpetuity and without limitation, ...

Holding Company

Company formed for the purpose of owning securities of one or more real estate corporations and assu ...

Judgment By Default

Decision in the absence of a plaintiff or defendant at the specified court time. ...

United States Treasury Money Mutual Funds

Investments restricted to short-term Treasury bills (T-bills) and repurchase agreements secured by T ...

Foyer

An entrance hallway from the outside of a building. Foyers are intended as a gathering place for peo ...

Vesting, Conditional

Limitation under a contributory pension plan of an employee's right to receive vested benefits. The ...

Related Real Estate FAQ

What Is An Interest Rate?

An interest rate is the percentage the lender charges you for borrowing money. ...

What Does An Appraisal Mean?

An appraisal is an estimate of the value of a certain property by a qualified, independent individua ...

What Will My ARM Loan Payment Be ?

RealEstateAgent.com calculator will compute your initial payments and estimate your future payments. ...

What Are Prepayment Penalties?

A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off o ...

What Is A Broker?

An agent who is authorized to open and run his/her own agency. All real estate offices have one prin ...

What Is Depreciation?

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

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

Agents join here

Add our widget on your Website

Real Estate Advice

What is the Best Time of Year to Buy a Home? Tax Breaks for the First Time Home Buyer Is it better to buy or sell a home first What do Real Estate Attorneys do? How is Square Footage Determined?

FAQ

What do I need to know about Business Insurance? What do I need to know about Indemnity Insurance? How Much Will My Principal Be? What is an appreciation? If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee?