Dictionary

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®...

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  law treats real property and...

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 sell...

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 payment from the...

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 and agents for...

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,...