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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.

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Contributors in Real estate

Real estate > Mortgage

cooperative

Banking; Mortgage

A building of two or more dwelling units that is owned by a corporation made up of people in the building. The right to occupy a unit is obtained by buying shares of stock in the ...

covenant

Banking; Mortgage

A clause in a contract that obligates or restricts the parties and which, if violated, can result in legal action.

credit limit

Banking; Mortgage

The maximum amount that you can borrow under the home equity loan or line.

credit report

Banking; Mortgage

A report detailing an individual's credit history.

deed

Banking; Mortgage

The legal document conveying title to a real property.

deed of trust

Banking; Mortgage

An instrument used in many states in place of a mortgage. Property is transferred to a trustee by the borrower (trustor), in favor of the lender (beneficiary), and reconveyed upon ...

deposit

Banking; Mortgage

A sum of money given to bind a sale of real estate. Also known as “earnest money.”