Unity

Definition of "Unity"

Legal dictate that must exist for property to be owned as joint tenants.

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Related Real Estate Glossary terms

Individual Fidelity Bond

Bond that reimburses a business for loss caused by the dishonest act of an employee. Since crime ins ...

Series Ee Savings Bonds

Bonds sold at a discount from their face value; accumulated interest paid at maturity, as in the cas ...

Graded Vesting

Vesting, deferred or vesting, immediate under which the accrued benefits of the employee increase on ...

Developer

Individual who creates property improvements by making homes, shopping centers, and other commercial ...

Friendly Fire

Kindling intentionally set in a fireplace, stove, furnace, or other containment that has not spread ...

Equity Buildup

The increase in a person's equity in a real estate due to the reduction in the mortgage loan balance ...

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Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...

What Is A Subdivision?

A subdivision is a piece of land divided into several plots in which homes are built. ...

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Basic points relates to changes in the interest rate for your home. ...

What Is An Appreciation?

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

What Is An Inspection?

An inspection is a close and thorough examination of a house and property. A licensed individual usu ...

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