Orientation | Real Estate Glossary

Definition of "Orientation"

Locating a structure after considering such factors as the homeowner's desired privacy, noise, wind, and sunlight.
Position of a structure on a specific location relative to prevailing winds and sunlight.
Familiarizing a newly hired employee in a real estate firm with the required knowledge. An example is" breaking-in " a new real estate broker with the general neighborhood.
Employee's professional background such as computer knowledge.

Legally executed and witnessed document giving another the power to act as one's attorney or agent i ...

The process of upgrading unusable land through making physical improvements. For example, swamp land ...

Court-appointed female administrator of an intestates property. ...

Process by which a lessee rents his apartment to another. ...

Provision of the Internal Revenue Code applying to gains from the sale of personal property subject ...

Unable to move a structure so it must stay where it is. Except for mobile homes, property is fixe ...

A Ginnie Mae is a name for the Government National Mortgage Association (GNMA), which is a governmen ...

A mortgage broker is an intermediary who ensures a loan between a borrower and lender. The broker ta ...

Generally, real property never depreciates in value, or more so, it is not very common for property ...

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

A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closi ...

Escrow is a trust account created by a neutral third party to hold money for the seller or buyer. Wh ...

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