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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.
6Categories 16551Terms
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Real estate > Residential 
right-of-way
Real estate; Residential
Path or route that may lawfully be used indicated on title at the Land Title Office, often for use of utilities, city or municipality on order to make repairs to pipes. No ...
statement of adjustment
Real estate; Residential
Closing statements in real estate transactions which set out the sources of funds which make up the purchase price, adjustments to and from the purchase price, the final amount ...
subject-to clause
Real estate; Residential
Statement of a condition to be fulfilled, either by the seller or the buyer, before the contract of purchase and sale will become firm and binding on both parties, which must ...
title search
Real estate; Residential
Detailed examination of ownership documents to ensure there are no liens or other encumbrances on the property, and no questions regarding the seller's ownership claim. Source: ...
buy-down
Real estate; Residential
When the seller reduces the interest rate on a mortgage by paying the difference between the reduced rate and market rate directly to the lender or to the buyer. Source: Vancouver ...
closing
Real estate; Residential
Real estate transaction completion, when the parties involved agree that all legal and financial obligations have been met and the deed to the property is transferred from the ...
Condominium common property
Real estate; Residential
Portions of a condominium development owned in common, or shared, by the unit owners, such as a swimming pool, exercise room, lobby. A strata fee is charged to the owner of every ...
Sub-categories
- Commercial (226)
- Contracts (13098)
- Corporate (746)
- Home improvement (1576)
- Mortgage (522)
- Residential (169)