Tag: estate
Absolute Title
DefinitionAllodial title constitutes ownership of real property that is independent of any superior landlord. Allodial title is related to the concept of land held...
Absentee Owner
What is 'Absentee Owner' An individual who owns a piece of real estate but does not live in it. An absentee owner...
Abandonment Clause
What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to abandon lost...
Absolute Auction
What is 'Absolute Auction' A type of auction where the sale is awarded to the highest bidder. Absolute auctions do not have...
Abstract Of Title
DefinitionA property abstract is a collection of legal documents that chronicle transactions associated with a particular parcel of land. Generally included are references to...
Real Estate Owned (REO)
What is 'Real Estate Owned - REO' Real estate owned, or REO, is the name given to foreclosed-upon real estate, such as...
Impression
What is 'Impression' A metric used to quantify the display of an advertisement on a web page. Impressions are used in banner...
Absorption Rate
What is the absorption rate
The real estate absorption rate is the rate at which properties are sold in a specific market. It is calculated...
Real Time
What is 'Real Time' When a system relays information to a user at a speed that is near instantaneous or has a...
Real Estate Mortgage Investment Conduit (REMIC)
Home Ownership by Country Real Estate Mortgage Investment Conduit (REMIC) What is 'Real Estate Mortgage Investment Conduit - REMIC' A special purpose...