Dictionary

Air Rights

Definition: A property right to the space above a surface area or object. Pronunciation: Used in a Sentence:  The air rights above the property near the airport was limited due to...

Agricultural

Definition: As defined in Chapter 475, F.S. property consisting of more than 10 acres, zoned as such. Pronunciation: a-gri-ˈkəl-ch(ə-)rə Used in a Sentence:  The 100-acre farm was zoned as agricultural property.

Agent

Definition: One who is authorized to act on behalf of another. Pronunciation: ā-jənt Used in a Sentence:   You should hire a real estate agent to help you sell your home.

Agency

Definition: Express or understood authorization for one person to act for another. Pronunciation: ā-jən(t)-sē Used in a Sentence:  An agency relationship was created when Sue signed a contract with a broker to...

Affiliated Business Relationship

Definition: An arrangement in which (a) a person who is in a position to refer business incident to or a part of a real estate settlement service involving a federally related...

Affidavit

Definition: A sworn statement made in writing under oath or before an authorized official. Pronunciation: a-fə-ˈdā-vət Used in a Sentence: We have a signed affidavit stating that the two men were seen entering the...