Tag: residential

Implied Warranty Of Habitability

Implied Warranty Of Habitability

The implied warranty of habitability is a legal doctrine that requires landlords to ensure that their rental properties are fit for human habitation. If...

National Association of Realtors – NAR

DefinitionThe National Association of Realtors, whose member brokers are known as realtors, is a North American trade association for those who work in the...

Real Estate Agent

DefinitionA real estate broker or real estate salesperson is a person who acts as an intermediary between sellers & buyers of real estate/real property....

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...
Realtor

Realtor

What is a realtor Realtors are licensed professionals who help people buy and sell property. In most states, realtors must be at least 18 years...

Real Estate Investment Trust (REIT)

What is a 'Real Estate Investment Trust - REIT' A REIT is a type of security that invests in real estate through property...

Sales Comparison Approach (SCA)

What is 'Sales Comparison Approach - SCA' A real estate appraisal method that compares a piece of property to other properties with...

Canadian Rollover Mortgage

Home Ownership by Country Canadian Rollover Mortgage What is 'Canadian Rollover Mortgage' A home mortgage with an adjustable rate feature. The Canadian...

Jingle Mail

What is 'Jingle Mail' A situation where a homeowner mails his or her house keys to a mortgage lender due to an...

Land Trust

DefinitionThere are two distinct definitions of a land trust... Land Trust What is 'Land Trust' A legal agreement where a trustee is...

EDITOR PICKS

Latest