Executor Male Executrix Female

Definition of "Executor (male)/ executrix (female)"

Person chosen by a testator/testatrix to handle and conduct the terms of a will to an estate. Duties include collecting and selling of properties and paying debts of the state.

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

Search Real Estate Terms

Popular Real Estate Terms

Notary Public

A public officer given the right to authenticate a document, accept a person's oath, administer depositions, and to conduct other activities in commer ...

Mobile Home Park

Site where mobile homes are located. Mobile home parks are often mandated by municipal zoning laws. They provide necessary utilities to the mobile hom ...

Preventive Maintenance

maintenance procedures conducted to prevent later repairs and furthering a longer useful life. For example, many boilers and burners are cleaned and s ...

Sales Deposit Receipt

Receipt given for a partial payment made on the sale of property. It shows the buyer has made a down payment. ...

Non Sequitur

Latin for it does not follow. The conclusion of a statement or phrase is illogical. ...

Sunspace

Room in a building used to collect solar heat. To provide for such collection, a room is generally constructed with a glass roof and walls. ...

Popular Real Estate FAQ

What Is A Default?

A default is when a person fails to make payments on a loan. ...

What Is A Lien?

A lien is a claim against a property. ...

What Is A Buyer's Agent?

On most transactions, there is usually a listing agent and a selling agent. The selling agent is sometimes referred to as the buyer\'s agent, because ...

What Does The Real Estate Settlement Procedures Act (RESPA) Require?

The Real Estate Settlement Procedure Act requires the lender to disclose certain information about a loan, including the estimated closing costs and A ...

What Is Comprehensive Homeowners Insurance?

Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damages such as fire damage, water damage not caused by ...

What Is A Closing?

The process of finalizing all the dealing associated with the sale and purchase of a home. (Also known as a settlement) ...

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

Agents join here

Add our widget on your Website

Real Estate Advice

Spring Landscaping Ideas to Improve Curb Appeal and Sell Your House DIY Home Improvement to Increase Your Home Value Moving Tips: House Relocation Stress Free Increase Your Home Value With These Home Improvement Ideas Down Payment: Everything You Wanted to Know

FAQ

What is the difference between a real estate broker and a real estate agent? What does Fannie Mae mean? What is title insurance? What is a rate lock? Who is a subagent?