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Real Estate Glossary
acceleration clause
adjustable-rate mortgage (ARM)
adjustment date
amortization
amortization schedule
annual percentage rate (APR)
application
appraisal
appraised value
appraiser
appreciation
assessed value
assessment
assessor
asset
assignment
assumable mortgage
assumption
balloon mortgage
balloon payment
bankruptcy
bill of sale
biweekly mortgage
bond market
bridge loan
broker
buydown
call option
cap
cash-out refinance
certificate of deposit
certificate of deposit index
Certificate of Eligibility
Certificate of Reasonable Value (CRV)
chain of title
clear title
closing
closing costs
closing statement
cloud on title
co-borrower
collateral
collection
commission
common area assessments
common areas
common law
community property
comparable sales
condominium
condominium conversion
condominium hotel
construction loan
contingency
contract
conventional mortgage
convertible ARM
cooperative (co-op)
cost of funds index (COFI)
credit
credit history
credit report
credit repository
creditor
DAMAGES
DATE OF COMPLETION
debt
DEBT SERVICE
deed
DEED RESTRICTION
DEFAULT
DEFERRED INCOME
DEFICIENCY
DELAYED PARTICIPATION LOAN
DEMAND NOTE
DEPOSIT
DEPRECIATED REPRODUCTION COST
DEPRECIATION
DISCHARGE OF MORTGAGE
DISCLOSURE STATEMENT
DISCOUNT
DISCOUNTED CASHFLOW ANALYSIS
DISCOUNTED LOAN
DOMINANT TENEMENT
DOWER INTEREST
DOWNSIDE LEVERAGE
DRAWEE
DRAWER
EASEMENT
ECONOMIC DEPRECIATION
EFFECTIVE GROSS INCOME
EFFECTIVE INTEREST RATE
ENCROACHMENT
ENCUMBRANCE
END LOAN
EQUITABLE MORTGAGE
EQUITY
EQUITY OF REDEMPTION
ESCHEAT
ESCROW ACCOUNT
ESTATE
ESTOPPEL CERTIFICATE - now called a STATUS CERTIFICATE
EXACT DAY INTEREST
EXCULPATORY CLAUSE
EXPROPRIATION
EXTENSION AGREEMENT
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