Dictionary

Buffer Zone

Definition: A strip of land that separates one land use from another. Pronunciation: \ˈbə-fər\ Used in a Sentence:   There was a large buffer zone separating the two houses.

Broker Associate

Definition: A person who is qualified to be issued a broker’s license but who operates as a sales associate in the employ of another. Pronunciation: \ˈbrō-kər\\ə-ˈsō-shē-ˌāt, -sē-\ Used in a Sentence:   The...

Broker

Definition: A person or business entity licensed by the DBPR to perform services of real estate for others for compensation. Pronunciation: \ˈbrō-kər\ Used in a Sentence:  The broker provided excellent information about the...

Breach Of Trust

Definition: Failure to do or perform what has been promised. Pronunciation: \ˈbrēch\ Used in a Sentence:   By signing a contract for sale in the name of the buyer without the buyer’s permission...

Branch Office

Definition: A business location other than the primary place of business. Pronunciation: \ˈbranch\ Used in a Sentence: We decided to meet at the branch office because it was closer.

Borrower

Definition: One who gives a mortgage as security for a debt; the mortgagor.  Also called a debtor Pronunciation: \ˈbär-(ˌ)ō-ə-wər\ Used in a Sentence:  The borrower signed the note as promise to repay...