Real Estate Terms Glossary
Click the letter corresponding to the first letter of the word you wish to look up.
Random Real Estate License Terms
Eviction | | Dispossession by legal process as in the termination of a tenant's right to possession through re-entry or other legal proceedings. |
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Principal | | The employer of an agent. Someone who hires an agent to act on his behalf. The term also refers to the amount of an outstanding loan (exclusive of interest). |
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Adverse Possession | | A method of acquiring property based on open and notorious possession under a claim of right color of title continuous use for five years and the payment of taxes. A method of acquiring property through continuous use of that property while paying taxes on it. |
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