National Association Of Real Estate License Law Officials (NARELLO)

Buying real property subject to risk. For the high risk undertaken, the expected return is higher. The investor may lose all of part of the initial investment. ...

To present something of value for another's acceptance. An example is making a bid at a public auction for real property. ...

Legal abbreviation meaning "and wife". ...

Metal hardware within the construction that is typically not visible, such as bolts, nails, and screws. ...

Water/plaster mix used as a surface for walls and ceilings. ...

Arrangement in which a buyer gives a deed and/ or money to an independent third party (an escrow agent) to retain until specified conditions have been met. The escrow agent releases ...

Delay permitted to repay an obligation. An example is when a financial institution allows a real estate company another month to repay the balance due a loan. Delay permitted to ...

A proposal to buy property at a specified price. The seller of the property has the options of accepting the offer, rejecting it, or making a counteroffer. For example, John signs a listing ...

Orlando, Florida is a city of about 300,000 people located in the heart of Florida. Part of the Orlando metropolitan area the city of Orlando is one of the most important cities in the ...

A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that payment back for the months you are ...

This question might have crossed your mind while planning for retirement, or... after inheriting your aunt’s under-the-mattress savings. You spread your wings ready to fly to the ...

A lock in guarantees a certain interest rate for a certain period of time. ...

The city of Annapolis, MD is located on the Atlantic Coastal Plain and it is the closest state capital to the national capital of Washington D.C. The city has a population of about 40,000 ...

When you’re moving to a new city, you don’t want to take any chances. Before you spend your life and relocate to a new and unfamiliar place, there are certain things any ...

Considering how much the population has grown in Palm Coast over the last decade, the city on the East Coast of Florida seems to be a very sought out destination for many families as well ...

Pasadena is a census-designated place located in Anne Arundel County, Maryland. With a population of about 31,00 people, this suburb of Baltimore and Washington D.C. is a small, compact ...