Reliction is gradual and permanent recession of water which results in dry, usable land. Are you interested in learning more about Real...

The air rights of a property is the right to use the air above the land which can be sold or leased independently of the land itself. Are...

An affidavit of title is a sworn statement in which the seller assures the title company and the buyer that there are no updates since...

An acre is a measure of land equal to 43,560 square feet. Are you interested in learning more about Real Estate? Please click here for...

An ad valorem tax is a tax based on the assessed on the value of property. Do you have an interest in Real Estate and want to know more?...

An acceleration clause is a provision in a mortgage that allows the lender to demand full payment of the loan balance if the borrower...

An abstract of title is a summary of the history of ownership of a property. Are you interested in learning more about Real Estate? If...

An appraisal is the process of determining the fair market value of a property. Are you considering a career in Real Estate? Click here...

Interim-financing is a short-term loan that is used to bridge the gap between the time a property is purchased and the time the permanent...

Interest-only mortgage is a mortgage in which the borrower only pays interest on the loan balance for a specified period of time, after...

Insurable interest is interest in property that is sufficient to warrant the purchase of insurance on the property. Considering a career...

An investment property is a property that is purchased with the intention of generating income, such as rent or royalties. Considering a...

An interest rate is the percentage of the loan amount that the borrower must pay to the lender each year. Considering a career in real...

An Inspection Contingency is a clause in a real estate contract that allows the buyer to cancel the contract if the home inspection...

Inclusionary Zoning are zoning laws that require developers to include a certain percentage of affordable housing units in their...

A homestead exemption is a tax exemption that homeowners can claim on their property taxes. Considering a career in real estate? Check...

The relationship between a real estate agent and a client. Considering a career in real estate? Check out our upcoming pre-licensing...

A No Objection Certificate (NOC) document that is issued by a lender to a borrower, stating that the lender does not object to the...

Brynn, thank you for submitting this review! Are you considering a career in real estate? Check out our upcoming pre-licensing courses...

The National Associations of Realtors (NAR) is a trade association that represents real estate professionals in the United States. NAR is...