Dictionary

Definition:   reasonable grounds or justification for prosecuting Pronunciation:   \ˈprä-bə-bəl\  \ˈkȯz\ Used in a Sentence:  The investigators determined there was enough probable cause to file a...

Definition:   a special form of insurance used to insure all of the mortgage representing more than 80% of appraised value or purchase price Pronunciation:   \ˈprī-vət\ \ˈmȯr-gij\ \in-ˈshu̇r-ən(t)...

Definition:   an economic law of value; no prudent buyer will pay more for a property than the cost of an equally desirable replacement property Pronunciation:    \ˈprin(t)-s(ə-)pəl\ \ˌsəb-stə-ˈtü-...

Definition:  imaginary line running north and south and intersecting a base line at a definite point, used by surveyors as reference to locate land under the government survey system Pronunciation:...

Definition:   the party who hires a real estate broker to represent them in a real estate transaction; the amount of money borrowed in a mortgage loan, excluding interest Pronunciation:   \ˈprin(t)...

Definition:   the market in which lenders originate loans and make funds available directly to borrowers Pronunciation:   \ˈprī-ˌmer-ē\ \ˈmär-kət\ Used in a Sentence:   A commercial bank is an exam...

Definition:   a financial institution such as a savings association or bank, that makes mortgage loans directly to borrowers Pronunciation:   \ˈprī-ˌmer-ē\ Used in a Sentence:   We used our local b...

Definition:   a legal term used to refer to evidence that is good and sufficient on its face to establish a given fact or prove a case; at first view Pronunciation:   \ˌprī-mə-ˈfā-shə\ \ˈe-və-dən(t...

Definition:   the illegal practice of conspiring to establish fixed prices or fees for services rendered or goods sold; brokers conspiring to establish a standard commission rate Pronunciation: Use...