Cistern

Definition of "Cistern"

Barrel, reservoir, or tank for storing rain runoff.

Search Real Estate Glossary

Related Real Estate Glossary terms

Death

Termination of life. A death certificate is required by a life insurance company for a beneficiary t ...

Associate In Management (aim)

Professional designation earned after the successful completion of four national examinations given ...

Attest

Formal statement by an auditor, after through examination and consideration, as to whether a real es ...

Payment Adjustment Interval

The period between payment changes on an ARM, which may or may not be the same as the interest rate ...

Heterogeneous

Mixed assortment of either housing styles in a residential development or mixed zoning uses in an ur ...

Asymmetric Risk Exposure

Gain when the underlying asset that moves in one direction is significantly different from the loss ...

Related Real Estate FAQ

What Is Disability Insurance?

Line of insurance, which included coverages that are designed to protect the insured against a loss ...

What Does Fannie Mae Mean?

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

What Does An Appraisal Mean?

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

What Is A Housing Ratio?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance ...

What Is A VA Loan?

A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Aff ...

What Is A Closing?

The process of finalizing all the dealing associated with the sale and purchase of a home. (Also kno ...

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 Hazard Insurance? What is Earnest Money What is Escrow and how does it Work? 7 Tips for a First Time Homebuyer Rent or Buy - the pros and cons

FAQ

What is a quit claim deed? What is a counteroffer? I looked at a property yesterday with a REALTOR® who seems to be clueless. I am really interested in purchasing the property, though. Can I switch agents and still make the purchase? What is a lien? What is a mortgage insurance premium (MIP)?