Gift


Definition of "Gift"

Catherine Lacey Cusano
  Coldwell Banker Residential Brokerage Middletown

Transfer of property without payment.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Malingering

Effort by an individual to continue to receive disability income benefits by taking a continuing sic ...

Estate Equalization

Technique of estate planning under which an estate is divided into two parts and taxed at a lower ra ...

State Agent

Insurance salesperson who markets and services policies in one or more states and holds a supervisor ...

Sex Discrimination

Classification of insured life and health risks based on the sex of the proposed insured. Gender has ...

Interest-Only Mortgage (Option)

An option attached to a mortgage, which allows the borrower to pay only the interest for some period ...

Lapse

in property and casualty insurance, termination of a policy because of failure to pay a renewal pre ...

Related Real Estate FAQ

Is Depreciation Common?

Generally, real property never depreciates in value, or more so, it is not very common for property ...

What Is An Assessed Value?

The public tax assessor value of a property as determined for the purpose of taxation. ...

What Is Freddie Mac?

Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...

What Is Underwriting?

Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

What Is The APR For This ARM Loan?

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input par ...

What Is A Loan-to-value (LTD) Ratio?

A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 per ...

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

Agents join here
Add our widget on your Website

Real Estate Advice

Why Use a Real Estate Agent? Real Estate Open House - The Dos and Don Mortgage Loan Types Getting Ready to Sell? Don't make these DIY Mistakes! Short Sale Homes

FAQ

What happens when you prequalify? Besides making my monthly mortgage payment, how can I build equity into my house? What is an annuity? What is a seller takeback? What is the difference between a real estate broker and a real estate agent?