Ethics | Real Estate Glossary | Realestateagent.com

Definition of "Ethics"

Tanika Belfield-Martin

Keller Williams Realty Centre

The integrity, morals, and principles guiding an individual's or profession's actions.

Authority of an individual appointed to a governmental position to use their judgment and discretion ...

Amount set for real estate or other property by a government as a basis for levying taxes. ...

Use of other people's money (OPM) in an attempt to maximize the return but at high risk. The use of ...

Right of a property owner located adjacent to an airfield to use the airspace above a certain distan ...

To enter illegally. For example, entering property without permission. ...

Formal process of setting aside funds on a mathematical basis to provide deferred income benefits. ...

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

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate be ...

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 ...

A proprietary lease is lease used for co-ops that give the shareowners the right to live in a partic ...

Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damag ...

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