Terms with Tag Realty

  • Elevator (elev, elv)Abbreviation,
    • Empty Nesters Definition,
      • Men or women whose children have grown up and moved out and who might be in the market for a smaller house.
    • En Suite Definition,
      • An en suite is a bathroom that is entered directly from ones.
    • Encroachment Definition,
      • An improvement, such as a fence, that illegally extends onto another property or impedes the neighbour's use of that property.
    • Encumbrance Definition,
      • Anything that affects or limits the clear and free title to a property, such as mortgages, leases, easements, or restrictions.
    • Environmental Impact Statement (EIS) Acronym,
      • A government-required evaluation of how construction will affect the environment surrounding a site.
    • Environmental Impact Statement/Environmental Impact Report (EIS/EIR)Acronym,
      • Escrow Definition,
        • An account in which money for property taxes and insurance is held until paid. Money is added to the account every time a mortgage payment is made.
      • Escrow Agent Definition,
        • A neutral third party who holds the documents and money in a real-estate transfer until all conditions are met.
      • Estate Definition,
        • The ownership interest of an individual in real property.
        • The total sum of all the real property and personal property owned by an individual at time of death.
      • Estimated Current Market Value (ECMV)Acronym,
        • Estimated Rental Value (ERV)Acronym,
          • Eviction Definition,
            • The act of kicking someone out of a property, usually for violating terms of a lease.
          • Examination of Title Definition,
            • A review of public records and title abstracts to determine the chain of ownership of a property.
          • Exchange Definition,
            • A trade of property for other property or services. Like-kind property exchanges are a popular tax-deferral strategy.
          • Exclusive Agent (EA)Acronym,
            • Exclusive Buyer's Agent (EBA)Acronym,
              • Exclusive Listing Definition,
                • A legal agreement giving one real-estate agent the right to sell a property for a specified period, but owners retain the right to sell their property themselves without paying the agent commission.
              • Exclusive Right to Sell (ERS, ERTS)Acronym,
                • Exclusive Right to Sell with Reserved Prospect (ERSP)Acronym,
                  • Exclusive Right to Sell with Variable Rate Commission (ERSV)Acronym,
                    • Exclusive Seller's Agent (ESA)Acronym,
                      • Existing Home Sales (EHS)Acronym,
                          Number of resale closings during a particular month.
                        • Expropriation Definition,
                          • The seizing of property to the government or other party for public use or economic development.
                        • Fair Market Rent (FMR)Acronym,
                          • Fair Market Rental Value (FMRV)Acronym,
                            • Fair Market Value (FMV) Acronym, Very Important,
                              • The highest price that a buyer would pay for a property and the lowest price a seller is willing to accept.
                            • Fair Market Value Appraisal (FMVA)Acronym,
                              • Farmhouse (farm)Abbreviation,
                                • Fédération des Chambres Immobilières du Québec (FCIQ)Company, Quebec, Canada,
                                    French acronym for Quebec Federation of Real Estate Boards.
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