Devise | Real Estate Glossary | Realestateagent.com

Definition of "Devise"

Gift of real property as stipulated in a will.

Same as term Expected Loss: probability of loss upon which a basic premium rate is calculated. ...

Housing expense plus current debt service payments. ...

Charges resulting in involuntary encumbrances against real property derived from legislated law rath ...

Changing property ownership. An example is the sale of a home to another. ...

Organization of inland marine insurance underwriters. ...

Association of life insurance agents who meet minimum life insurance sales standards predetermined e ...

An escrow officer - also known as a loan officer - is the person that walks you through the closing ...

Zoning is the laws that establish how a property can be used and what codes must be followed when er ...

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If s ...

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

FSBO means for sale by owner. ...

A life insurance policy can help enable your family to remain financially if you or your spouse shou ...

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