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Real Estate Terms - H

Homeowners Association

(1) An association o condominium owners, who vote on decisions regarding the complex and pay dues. (2) An association of homeowners within a community to improve and maintain the quality of the community.

 

Fri Dec 21 2007

Homestead

A declaration by the owner of a home that protects the home against judgments up to specified amounts provided by certain state laws.

 

Fri Dec 21 2007

Hypothecate

To give a thing as security without giving up possession of it, as with mortgaging real property.

 

Fri Dec 21 2007
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