Dictionary

Definition:  A state tax imposed on the transfer or conveyance of realty or any realty interest by means of deed, lease, sublease, assignment or similar instrument. Pronunciation:    \ˈdä-kyə-men-t...

Definition: The governmental body that hears all formal hearings stemming from an administrative complaint against a licensee. Pronunciation: Used in a Sentence:

Definition: The diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments, ie stocks, money market funds and other securities. Pronunciation...

Definition: The amount of interest the Federal Reserve charges to lend money to its qualified banks. Pronunciation:  \ˈdis-ˌkau̇nt\ \ˈrāt\ Used in a Sentence:   The discount rate was lowered by the...

Definition:  A charge of 1% of the mortgage value; assessment by a lender to increase the interest yield to compete with the interest yield from other types of investments. Pronunciation: \ˈdis-ˌka...

Definition: One who gives real property by will. Pronunciation:  \ˌde-və-ˈzȯr; di-ˈvī-zər, -ˌvī-ˈzȯr\ Used in a Sentence:   The devisor’s will left his property to his children.

Definition:  One who receives real property under a will. Pronunciation:  \ˌde-və-ˈzē, di-ˌvī-ˈzē\ Used in a Sentence:   The owner’s son inherited the property because he was a devisee on the will.

Definition:   A transfer of real property under a will. Pronunciation: \di-ˈvīz\ Used in a Sentence:  My sister and I inherited the property from our mother by devise.

Definition: Any development that because of its nature, scale or location could have a significant effect on the health, safety and welfare of citizens of more than one county. Pronunciation: Used ...