Dictionary

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...

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...

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-...

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...

Definition:   a phrase referring to a prospective buyer of property who is legally capable and willing and financially able to consummate the transaction Pronunciation: Used in a Sentence:   The br...

Definition:   the surveyed north-south lines running every six miles east and west of the principal meridian Pronunciation:   \ˈrānj\ Used in a Sentence:   To create the grid system, surveyors esta...

Definition:   a measurement, used in the government survey system,  consisting of a vertical strip of land six miles wide located between two range lines Pronunciation:   \ˈrānj\ Used in a Sentence...

Definition:   the legal minimum number of people required to be present before a specified meeting can take place Pronunciation:   \ˈkwȯr-əm\ Used in a Sentence:   A quorum of four members must be...

Definition:   a type of deed that will effectively convey any present interest, claim or title to real property that the seller may own Pronunciation:   \ˈkwit-ˌklām\ \ˈdēd\ Used in a Sentence:   I...