Dictionary

Exclusive-right-of-sale Listing

Definition:  A written agreement given to one real estate broker as the sole agent for the sale of an owner’s property, with the commission going to that broker regardless of...

Exclusive-agency Listing

Definition:   A written listing agreement giving a sole agent the right to sell a property for a specified time. Pronunciation:   \iks-ˈklü-siv, -ziv\ \ˈā-jən(t)-sē\ Used in a Sentence:   The seller signed an...

Exclusion

Definition:  The right of an owner to keep others from tresspassing by entering or using the property without permission. Pronunciation: \iks-ˈklü-zhən\ Used in a Sentence:   The right of excusion allowed the farmer...

Evidence

Definition:    Material that is presented to a court of law to help find the truth about something. Pronunciation:  \ˈe-və-dən(t)s, -və-ˌden(t)s\ Used in a Sentence:   The signed document was evidence that...

Ethics

Definition:  A system of moral obligations, rules and standards of conduct that a member of a profession owes to the public or other members. Pronunciation:  \ˈe-thiks\ Used in a Sentence:   Good...

Estoppel Certificate

Definition:  A legal instrument implemented by a mortgagor detailing the exact unpaid balance of a mortgage, the current rate of interest and the date to which interest has been paid....