Dictionary

Definition:   a licensed individual who, for compensation, is employed by a broker or owner-developer Pronunciation:   \ə-ˈsō-shē-ˌāt\ Used in a Sentence:    Once I passed my state exam I was issue...

Definition:   an agreement whereby one party agrees to sell and the other party agrees to buy according to the terms set forth Pronunciation: Used in a Sentence:   Once we had an accepted offer our...

Definition:   a real estate financing technique whereby a property owner sells the property to an investor or lender and , at the same time, leases it back Pronunciation:   \ˈsāl\ \ˈlēs-ˌbak\ Used ...

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...

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.

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...

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...

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...

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...