Realty


Definition of "Realty"

Same as term real estate: Also called real property. Anything permanently affixed to the land, such as buildings, walls, fences, and shrubs, as well as the rights to own or use them. It is distinguished from moveable personal property.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

No-Change Scenario

On an ARM, the assumption that the value of the index to which the interest rate is tied does not c ...

Unauthorized Reinsurance

Reinsurance ceded to an insurance company that is a non admitted insurer. ...

Claim Agent

Person who has been authorized by the insurance company to pay a loss (s) incurred by the insured. ...

Passenger Bodily Injury Liability Insurance

Coverage for automobile or aircraft operators if they are sued for negligently killing or injuring a ...

Improvements And Betterments Insurance

Tenant's modifications of leased space to fit his particular needs. Up to 10% of contents coverage i ...

Cede

To transfer a risk from an insurance company to a reinsurance company. ...

Related Real Estate FAQ

What Do I Need To Know About Pet Insurance?

If you own a pet, i\'m sure you\'ve been in a situation where the vet bills have been much higher th ...

What Is Long Term Care Insurance?

Long-term care refers to a broad range of medical and personal care services designed to assist indi ...

What Is Cooperative?

Cooperative is a form of home ownership in which you own shares in a corporation. In return for the ...

What Is A Basic Policy?

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

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

What Is A Mortgagee?

A morgagee is the lender. ...

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

What is Earnest Money Rent or Buy - the pros and cons How to become a real estate agent 10 Tips for Homebuyers Tax Breaks for the First Time Home Buyer

FAQ

Should I Pay Extra Each Month? What is an overall debt ratio? What is an assumable mortgage? What are comparables or comps? What type of Life Insurance is right for me?