Real Estate Terms

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  1. Nondisturbance Clause

  2. Nonfinancial Asset

  3. Nonperforming Asset

  4. Nontraditional Mortgages

  5. Normal Wear-And-Tear

  6. Notice Of Default

  7. Notice Of Non-Responsibility

  8. Occupancy Rate

  9. Odd-Days Interest

  10. Offset Mortgage

  11. One Percent Rule

  12. Opco

  13. Open-End Mortgage

  14. Open House

  15. Open Listing

  16. Operating Company/Property Company Deal - Opco/Propco Deal

  17. Option Adjustable-Rate Mortgage - Option ARM

  18. Origination

  19. Origination Fee

  20. Origination Points

  21. Other Real Estate Owned - OREO

  22. Overextension

  23. Owner-Occupant

  24. Owner Financing

  25. Owners' Equivalent Rent - OER

  26. Partial Release

  27. Participation Mortgage

  28. Party Wall

  29. Passive Loss

  30. Past Due

  31. Paydown Factor

  32. Payment Option ARM

  33. Payment Option ARM Minimum Payment

  34. Payment Shock

  35. Payoff Statement

  36. Pending Home Sales Index - PHSI

  37. Percentage Lease

  38. Per Diem Interest

  39. Perfected Lien

  40. Perfect Title

  41. Periodic Interest Rate

  42. Periodic Interest Rate Cap

  43. Personal Property

  44. Personal Use Property

  45. Piggyback Mortgage

  46. Pipeline Theory

  47. Pledged Asset

  48. Pocket Listing

  49. Points

  50. Portfolio Lender

  51. Possessory Lien

  52. Power center

  53. Power Of Sale

  54. Pre-Approval

  55. Pre-Foreclosure

  56. Preferred Debt

  57. Prepaid Finance Charge

  58. Prepaid Interest

  59. Prepayment

  60. Prepayment Model

  61. Prepayment Penalty

  62. Prepayment Privilege

  63. Prepayment Risk

  64. Price-to-Rent Ratio

  65. Price Level Adjusted Mortgage - PLAM

  66. Primary Mortgage Market

  67. Prime Conforming

  68. Principal, Interest, Taxes, Insurance - PITI

  69. Principal Reduction

  70. Prior Lien

  71. Private Buyer

  72. Private Mortgage Insurance - PMI

  73. Propco

  74. Property

  75. Property Derivative

  76. Property Lien

  77. Property Management

  78. Property Manager

  79. Proprietary Reverse Mortgage

  80. Purchase-Money Mortgage

  81. Purchase Mortgage Market

  82. Qualification Ratio

  83. Qualified Exchange Accommodation Arrangements

  84. Qualified Mortgage

  85. Qualified Mortgage Insurance Premium

  86. Quiet Title

  87. Quitclaim Deed

  88. Rate-Improvement Mortgage

  89. Rate And Term Refinance

  90. Rate Of Return

  91. Readvanceable Mortgage

  92. Real Asset

  93. Real Estate

  94. Real Estate Agent

  95. Real Estate Investment Group

  96. Real Estate Investment Trust - REIT

  97. Real Estate Limited Partnership - RELP

  98. Real Estate Mortgage Investment Conduit - REMIC

  99. Real Estate Mortgage Investment Conduits - REMIC

  100. Real Estate Operating Company - REOC

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