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Realtor®

Definition:   a real estate broker who is a member of a local board of REALTORS® and is affiliated with the state association (Florida REALTORS®) and the National Association of REALTORS® Pronuncia...
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Real Property

Definition:   any interest or estate in land, including leaseholds, subleaseholds, business opportunities and enterprises, and mineral rights; real estate Pronunciation: Used in a Sentence:   The  ...
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Real Estate Services

Definition:    real estate activities involving compensation for performing the activities for another Pronunciation: Used in a Sentence:   I employed the real estate services of an area broker to ...
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Real Estate Recovery Fund

Definition:   a state-regulated account to cover claims of aggrieved parties who have suffered monetary losses from a licensee’s actions Pronunciation: Used in a Sentence:   The FREC ordered paymen...
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Real Estate Profession

Definition:   a profession requiring knowledge of real estate values, experience in dealing with the public, plus exceptional personal integrity and character as qualifications to act as advisors a...
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Real Estate Investment Trust (reit)

Definition:   a method of pooling investment money using the trust from of ownership Pronunciation: Used in a Sentence:    The real estate investments in a REIT are primarily office buildings, apar...
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Real Estate Business

Definition:   a commercial activity in which the sale, purchase, leasing, rental, exchange or management of real property is conducted by qualified and licensed parties acting either for themselves...
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Real Estate Brokerage

Definition:   a part of the real estate business that is concerned with bringing together buyers and sellers and owners and renters and completing a real estate transaction Pronunciation:    \ˈbrō-...
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Real Estate

Definition:   land, including the air above and the earth below, plus any permanent improvements affecting the utility of the land; property that is not personal property Pronunciation: Used in a S...