Home > Industry/Domain > Real estate
Real estate
Of or pertaining to property of land and the buildings on it. This also includes any minerals, crops, or any other natural resource. The business of real estate is the buying, selling, or renting property.
6Categories 16551Terms
Add a new termContributors in Real estate
Real estate > Commercial 
Balloon Mortgage
Real estate; Commercial
A balloon mortgage is a financing mechanism where the payments are not fully amortized over the term of the loan. Definition: A balloon mortgage is a financing mechanism where ...
Capital Lease
Real estate; Commercial
Capital lease is a lease agreement in which the lessor agrees to transfer the ownership rights to the lessee after the completion of the lease period. Definition: Capital lease ...
Commitment Fee
Real estate; Commercial
The fee levied by a creditor on the borrower for future or unused credit is called commitment fee. Definition: The fee levied by a creditor on the borrower for future or unused ...
Freehold Property
Real estate; Commercial
Freehold property can be defined as any estate which is "free from hold" of any entity besides the owner. Definition: Freehold property can be defined as any estate which is ...
Escrow Account
Real estate; Commercial
An escrow account is a temporary pass through account held by a third party during the process of a transaction between two parties. Definition: An escrow account is a ...
Mutation
Real estate; Commercial
Mutation means transfer or change of title in the records of the local municipal body for the concerned property. Definition: Mutation means transfer or change of title in the ...
Common Area Maintenance
Real estate; Commercial
The contribution or fee paid collectively by the owners of individual units for the maintenance and upkeep of the non-exclusive areas of the premises is called common area ...
Sub-categories
- Commercial (226)
- Contracts (13098)
- Corporate (746)
- Home improvement (1576)
- Mortgage (522)
- Residential (169)