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Amortized Mortgage

Definition: A loan that is characterized by making regular payments over a long period of time. Pronunciation: a-mər-ˌtīz-ed  mȯr-gij Used in a Sentence:   The buyer preferred an amortized mortgag...
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Alluvion (alluvium)

Definition: The resulting increase to land by the gradual addition of matter (as by the deposit of sand or mud) that then belongs to the owner of the land to which it is added. Pronunciation: ə-ˈlü...
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Alienation

Definition: a conveyance of property from one person to another. Pronunciation: ˌā-lē-ə-ˈnā-shən Used in a Sentence:  The sale of property under a contract consummated by the delivery of a deed is ...
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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 aircraft in the a...
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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 agricult...
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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.
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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...
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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 mortgage loan, or an ...
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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 s...