Exchange


Definition of "Exchange"

A reciprocal transfer of property from one entity to another. A market for securities of a real estate companies, such as the New York Stock Exchange (NYSE)

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Mortgage Lender

The party advancing money to a borrower at the closing table in exchange for a note evidencing the borrowers debt and obligation to repay. Retail, Wh ...

Contract For Exchange Of Real Property

Trading of two or more properties containing separate descriptions and separate financial statements. ...

Equity Trusts

Same as term REIT: Type of investment company that invests money in mortgages and various types of investment in real estate, in order to earn profits ...

Hearing

An adversary hearing allows both parties to an issue to present their views. A public procedure performed by an administrative or legislative bod ...

Quid Pro Quo

Exchange, in insurance, of an adequate consideration (premium paid by an insured) for the promise of an insurance company to pay benefits in the event ...

Derivatives

Securities that derive their value from other financial instruments that are used by the insurance company to hedge its bets on which direction the ma ...

Popular Real Estate FAQ

What Is Equity?

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any cost ...

What Is A Point?

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the interest rate. ...

What Is A Buydown?

A type of financing in which a developer or seller arranges for the buyer to get a loan at a rate below the current market rate. The developer or sell ...

What Is A Housing Ratio?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance) to your monthly gross income. Lenders use this r ...

What Is A Basic Policy?

A basic policy is a homeowners insurance policy that covers certain perils. ...

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?

You probably don't have the correct knowledge to represent yourself. The seller pays the real estate commission, not the buyer, and real estate commis ...

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

A Real Estate Agent’s Guide to Using Social Media Effectively When to Dispute Your Home Appraisal 5 signs of house foundation problems What is Escrow and how does it Work? 5 U.S. Cities with the Best Public Transportation

FAQ

What are basis points? What is an easement? What is title insurance? What is depreciation? What if the computer I want to insure is homemade or custom-built?