The Real Estate License Professor

Welcome to the Real Estate License Professor's Real Estate Terms Glossary

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Random Real Estate License Terms
GARNISHMENT		A legal process to seize a debtor's property or money in the possession of a third party.

VENUE		The location in which a cause of action occurs; it determines the court having jurisdiction to hear and decide the case. For real estate, the court having proper venue is one in the county in which the property is located.

GIFT		A voluntary transfer of property without consideration.

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