Right | Real Estate Glossary | Realestateagent.com

Definition of "Right"

Claim of a person or business to real property such as by exercising an option.

An incomplete, unfinished, interrupted right. For example, a wife has an inchoate dower's right to h ...

Changing property ownership. An example is the sale of a home to another. ...

Specified amount received by an insured at the end of an endowment period (usually the face amount o ...

Amount for which financial loss for bodily injury incurred by the plaintiff must exceed before a tor ...

fee for the cost of a loan including interest and points. Points (1 point= 1% of the total loan) are ...

A documentation requirement where the applicant's assets are not disclosed. ...

An interest rate is the percentage the lender charges you for borrowing money. ...

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

A survey is an examination of a property\'s boundaries to determine the quantity of land, location o ...

Homeowners association is a nonprofit association that manages the common areas of a condominium or ...

This calculator will amortize your mortgage over the loan period based on your input. To see a break ...

PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

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