Your Ad Here
  
Home > Homecare & Decor > Selling & Buying A Home > Real Estate Terms > Real Estate Terms - R

Real Estate Terms - R

> >|

Real Estate Investment Trust (REIT)

A method of group investment with certain tax advantages. It is governed by federal and state laws.

 

Sat Dec 22 2007
Views: 1

Real Property

Land and generally anything erected on, growing on or attached to the land.

 

Sat Dec 22 2007
Views: 14

Realtor

A real estate broker holding membership in a real estate board affiliated with the National Association of Realtors.

 

Sat Dec 22 2007
Views: 15

Redemption

(1) The buying back of one's property after it has been lost through foreclosure. (2) Payment of delinquent taxes after sale to the state.

 

Sat Dec 22 2007
Views: 14

Regression

Principle that a higher value property will tend to fall to that of the lesser-quality properties surrounding it.

 

Sat Dec 22 2007
Views: 1

Rent

Consideration, usually money, for the occupancy and use of real property

 

Sat Dec 22 2007
Views: 1

Replacement-Cost Method

A method of appraisal that determines value by computing the cost to make an exact replica.

 

Sat Dec 22 2007
Views: 1

Request for notice of default

A request by a lender that is recorded for notification in the case of default by a loan with priority.

 

Sat Dec 22 2007
Views: 1

Reverse Annuity Mortgage

A mortgage in which the borrower is paid an annuity (income) drawn against the equity in the home.

 

Sat Dec 22 2007
Views: 1

Right of Survivorship

Right to acquire the interest of a decreased joint owner. Distinguishing characteristic of joint tenancy.

 

Sat Dec 22 2007
Views: 1


> >|