Dictionary

Definition: Incentive offered to conclude a contract. Pronunciation: \kən-ˌsi-də-ˈrā-shən\ Used in a Sentence:   The builder was offering free upgrades in consideration for closing on a new house.

Definition: A standardized conventional loan written on uniform documents that meets the purchase requirements of Fannie Mae and Freddie Mac. Pronunciation: \kən-ˈfȯrm\ Used in a Sentence:   We we...

Definition: When different parties each make claims that are not in agreement with one another. Pronunciation:   \ˈkän-ˈflik-tiŋ\\di-ˈmands\ Used in a Sentence:   The broker notified the FREC of th...

Definition:  A set of papers explaining the condominium and the association. Pronunciation:   \ˌkän-də-ˈmi-nē-əm\ \ˈdä-kyə-mənts\ Used in a Sentence:   We asked for a copy of the condominium docume...

Definition: A multiunit dwelling consisting of individual ownership of a unit and undivided ownership of common areas. Pronunciation: \ˌkän-də-ˈmi-nē-əm\ Used in a Sentence:   A benefit of living i...

Definition:    The taking of private real property for a public purpose under the right of eminent domain for a fair price. Pronunciation:  \ˌkän-ˌdem-ˈnā-shən, -dəm-\ Used in a Sentence:   In orde...

Definition:  Ownership by two or more persons at the same time, such as joint tenants, tenants by entirety, or tenants in common. Pronunciation:   \kən-ˈkər-ənt, -ˈkə-rənt, kän-\ Used in a Sentence...

Definition: A provision in Florida’s Growth Policy Act that requires water and waste treatment facilities needed to support new populations be in place before new development is allowed. Pronunciat...

Definition: To hide something from sight or to keep something secret. Pronunciation:  \kən--ˈsēl-mənt\ Used in a Sentence:    The broker could be charged with concealment for not revealing that the...