Terms with Tag Realty

  • Detached Structure — Definition,
    • A building that is not attached to another building.
  • Developer — Definition,
    • To develop or create something.
    • Companies that buy land and put up buildings for rent or sale.
  • Development (devel) — Abbreviation,
    • Dimension Plans — Definition,
      • Diagrams that show location of building outlines and other improvements on a lot, but which are not as detailed as blueprints.
    • Direction Générale des Biens Immobiliers (DGBI) — Acronym, Canada,
        ➥ French acronym for Real Property Branch (RPB).
      • Disclosure — Definition,
        • A statement listing potential defects to a property, such as the possible existence of lead paint or radon.
        • A statement required by most provinces that requires the creditor to tell the debtor the annual percentage rate, finance charges and other terms of a loan.
      • Distress — Definition,
        • The right of one party to sell real or personal property belonging to another party to pay unpaid or overdue debt.
      • Distressed Property — Definition,
        • Property that is in poor condition, or whose owner is in poor financial condition.
      • Domicile — Definition,
        • A person's permanent residence.
      • Double Net (NN) — Acronym,
        • Downtown (dntwn, dtwn) — Abbreviation,
          • Draft Environmental Impact Statement (DEIS) — Acronym,
            • Draft Supplemental Environmental Impact Statement (DSEIS) — Acronym,
              • Dry Rot — Definition,
                • A fungal decay that causes lumber to crumble.
              • Drywall — Definition,
                • Panels of gypsum plaster wrapped in thin cardboard and attached to the house framing to create interior walls.
              • Dual Agency — Definition,
                • When a real-estate agent or broker represents both parties in a transaction.
              • Dual Agent — Definition,
                • A real estate agent who acts for both parties in a property sale.
              • Due on Sale (DOS) — Acronym,
                • Duplex (dup) — Abbreviation,
                  • One building that contains two housing units.
                  ➥ A two-unit complex.
                • Durham Region Real Estate Board (DRREB) — Company Est. 1954, Ottawa, Ontario, Canada,
                  • Early Occupancy — Definition,
                    • A condition in which the seller allows the buyer to move in before the sale is closed.
                  • Earnest Money Contract (EMC) — Acronym,
                    • Earnest Money Deposit (EMD) — Acronym,
                      • Money given by a buyer when making a formal offer to demonstrate that the buyer is serious. Also called a deposit.
                      ➥ A down payment.
                    • Easement — Definition,
                      • A means by which access or right of way is granted by law if an owner of a property is negligent in restricting access or enforcing trespassing laws for ten years or more.
                      • Giving persons other than the owner access to or over a property.
                    • Easement(s) (ease) — Abbreviation,
                      • Edmonton Real Estate Board (EREB) — Company Est. 1927, Edmonton, Alberta, Canada,
                          ➥ In 2007 the EREB changed its name to the REALTORS® Association of Edmonton.
                        • Edmonton Realtors' Charitable Foundation (ERCF) — Company Est. 1986, Edmonton, Alberta, Canada,
                            ➥ See REALTORS Community Foundation - Edmonton & Area.
                          • Effective Age — Definition,
                            • An appraiser's estimate of the physical condition of a building. The actual age of a building may be shorter or longer than its effective age.
                          • Effective Gross Income (EGI) — Acronym,
                            • Electric or Electricity (ele, elec) — Abbreviation,
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