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Rural Housing Services Administration

Definition:  an agency of the Department of Agriculture that offers assistance to rural residents and communties Pronunciation: Used in a Sentence:   We were able to get help buying the farm from t...
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Risk

Definition:   the chance of loosing all or part of an investment; the uncertanty of financial loss Pronunciation: Used in a Sentence:   Some degree of risk is always accociated with an investment.
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Riparian Rights

Definition:   those rights and obligations that are incidental to ownership of land adjacent to or abutting on watercourses such as streams and rivers; includes bathing, boating and dockage in acco...
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Right-to-use

Definition:   a leasehold interest in a time-share unit based on the limited time specified in the agreement; the legal right to use or occupy a property Pronunciation: Used in a Sentence:   Our ti...
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Right Of Survivorship

Definition:   a legal concept whereby the surviving owners of a joint interest in real property are entitled to the interest formerly owned by one or more deceased owners without the need for proba...
Revocation
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Revocation

Definition: To cancel, rescind, annul, or make void: the permanent cancellation of a person’s license. Pronunciation: \ˌre-və-ˈkā-shən\ Used in a Sentence: The most severe type of administrative pe...
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Reversion

Definition:  the returning of property to a former owner or to a person who received the right to it when the former owner died Pronunciation:   \ri-ˈvər-zhən\ Used in a Sentence:   John had an est...
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Reverse Mortgage

Definition:   a form of mortgage that enables elderly homeowners to borrow against the equity in their homes so they can receive monthly payments to help meet living expenses Pronunciation: \ri-ˈvə...
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Restrictive Covenants

Definition:   conditions placed by developers that affect how the land can be used in an entire subdivision Pronunciation:  \ri-ˈstrik-tiv\  \ˈkəv-nənt\ Used in a Sentence:   The restrictive covena...