Mar 07 , 2016

Tampa School of Real Estate

Injunction

Definition:   A writ granted by a court of equity whereby one is required to do or to refraim from doing a specified act. Pronunciation:   \in-ˈjəŋ...

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Mar 01 , 2016

Tampa School of Real Estate

Hypothecate

Definition:   To pledge real or personal property as security without delivery of title or possession. Pronunciation:  \hi-ˈpä-thə-ˌkāt, hī-\ Used ...

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Mar 01 , 2016

Tampa School of Real Estate

Hud’s Settlement Cost Booklet

Definition:  A booklet containing consumer information regarding closing costs the borrower may incur at closing.  RESPA requires lenders to give t...

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Mar 01 , 2016

Tampa School of Real Estate

Household

Definition:   One individual or a group of individuals, living in one dwelling. Pronunciation:  \ˈhau̇s-ˌhōld, ˈhau̇-ˌsōld\ Used in a Sentence:   T...

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Mar 01 , 2016

Tampa School of Real Estate

Homestead

Definition:  A term used to describe three separate but related situations: 1) a tax exemption, 2) a tract of land limited in size, and 3) a statut...

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Mar 01 , 2016

Tampa School of Real Estate

Home Equity Loan

Definition:   A mortgage secured by a personal residence.  It provides a line of credit available for draws when needed by the homeowner. Pronuncia...

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