Real Estate Terms

  1. Ceiling

  2. Certificate Of Title

  3. Chain Of Title

  4. Chattel Mortgage

  5. Clear Title

  6. Closed-End Credit

  7. Closed-End Mortgage

  8. Closing Costs

  9. Closing Points

  10. Closing Statement

  11. Co-mortgagor

  12. Co-Tenancy Clause

  13. Collaborative Consumption

  14. Collateral

  15. Collateralization

  16. Combination Loan

  17. Combined Statement

  18. Commercial Investment

  19. Commercial Mortgage-Backed Securities (CMBS)

  20. Commercial Property

  21. Commercial Property/Casualty Market Index Survey

  22. Commercial Real Estate

  23. Comparables

  24. Comparative Market Analysis

  25. Conditional Offer

  26. Condominium

  27. Condominium Fee

  28. Condotel

  29. Conduit Theory

  30. Conforming Loan

  31. Conforming Loan Limit

  32. Consolidated Mortgage Bond

  33. Constant Percent Prepayment

  34. Construction Interest Expense

  35. Construction Mortgage

  36. Contingency Clause

  37. Contraction Risk

  38. Contributory Value

  39. Conventional Mortgage

  40. Conversion Option

  41. Convertible ARM

  42. Conveyance

  43. Conveyance Tax

  44. Cost Approach

  45. Coterminous

  46. Counteroffer

  47. Credit Agreement

  48. Creditor

  49. Cross Collateralization

  50. Curb Appeal

  51. Current Index Value

  52. Debt Buyer

  53. Debt Deflation

  54. Debt Instrument

  55. Debt Service

  56. Decree Of Foreclosure And Sale

  57. Deed In Lieu Of Foreclosure

  58. Deed Of Reconveyance

  59. Deed Of Release

  60. Deed Of Surrender

  61. Default Probability

  62. Defeasance Clause

  63. Defect Of Record

  64. Defective Title

  65. Deferred Interest

  66. Deferred Interest Mortgage

  67. Deficiency Judgment

  68. Delinquent

  69. Delinquent Mortgage

  70. Demand Letter

  71. Depreciable Property

  72. Discount Points

  73. Discretionary ARM

  74. Distressed Borrower

  75. Distressed Sale

  76. Distribution Reinvestment

  77. Double Net Lease

  78. Down Payment

  79. DownREIT

  80. Drop

  81. Droplock Security

  82. Dry Closing

  83. Dry Loan

  84. Dual Apper

  85. Dual Index Mortgage

  86. Due-On-Sale Clause

  87. Dwarf

  88. Earnest Money

  89. Easement

  90. Effective Gross Income - EGI

  91. Emblements

  92. Encroachment

  93. Encumbrance

  94. End Loan

  95. Endowment Loan

  96. Energy Improvement Mortgage

  97. Equated Monthly Installment - EMI

  98. Equity

  99. Equity Takeout

  100. Escrow Agent

Hot Definitions
  1. Benchmark Bond

    A bond that provides a standard against which the performance of other bonds can be measured. Government bonds are almost always used as benchmark bonds. Also referred to as "benchmark issue" or "bellwether issue".
  2. Market Capitalization

    The total dollar market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures.
  3. Oil Reserves

    An estimate of the amount of crude oil located in a particular economic region. Oil reserves must have the potential of being extracted under current technological constraints. For example, if oil pools are located at unattainable depths, they would not be considered part of the nation's reserves.
  4. Joint Venture - JV

    A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a joint venture (JV), each of the participants is responsible for profits, losses and costs associated with it.
  5. Aggregate Risk

    The exposure of a bank, financial institution, or any type of major investor to foreign exchange contracts - both spot and forward - from a single counterparty or client. Aggregate risk in forex may also be defined as the total exposure of an entity to changes or fluctuations in currency rates.
  6. Organic Growth

    The growth rate that a company can achieve by increasing output and enhancing sales. This excludes any profits or growth acquired from takeovers, acquisitions or mergers. Takeovers, acquisitions and mergers do not bring about profits generated within the company, and are therefore not considered organic.
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