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Dictionary Suite
broker a person whose business is to negotiate buying and selling, esp. of stocks or real estate, on another's behalf. [1/2 definitions]
close to conclude the details of a real estate purchase. [1/23 definitions]
devise in law, to transfer (real estate) by a will. [1/3 definitions]
estate agency (chiefly British) a business that manages the purchase, sale, or lease of houses and other property; real estate agency.
estate agent (chiefly British) one whose job is to help clients buy, sell, lease, or manage real estate; real estate agent.
first mortgage a primary lien against a piece of property that takes precedence in case of default over all other mortgages or liens except those given priority by law, such as real estate taxes.
land bank a bank that finances transactions in real estate, esp. those involving farmland.
land contract a real estate contract in which the buyer agrees to make periodic payments to the seller, taking title only when the purchase price has been paid in full.
mortmain in law, perpetual ownership of real estate by institutions, such as churches, that do not have the right to sell.
option a right, usu. purchased, to buy or sell something such as real estate, securities, or precious metals, at a specified price within a specified time period. [1/4 definitions]
personal property movable property such as furniture, vehicles, and the like, as opposed to real estate.
personalty personal property, as opposed to real estate.
property a piece of land or real estate. [2/5 definitions]
proprietary property owned, such as real estate or a drug that is under a patent or trademark. [1/6 definitions]
real estate agent one whose job is to help clients buy, sell, lease or manage real estate.
Realtor trademark for a real estate agent who belongs to the National Association of Realtors. [2 definitions]
realty property that is either buildings or land; real estate.
renter an owner of real estate who makes property available for rent. [1/2 definitions]
restrictive covenant in an agreement or contract, a restriction on the action of one of the parties, esp. the prohibition, now illegal in the United States, of rental or sale of real estate to someone of a specified minority or ethnic group.
single tax a tax, as on real estate, that provides the entire revenue of a tax-levying entity.