Real Estate Term of the Day: Easement EASEMENT – the right, privilege, or interest that one party has in the land of another (Barron’s Dictionary of Real Estate Terms) Common types of easements that can show up on a property title search include: Utility: storm drain sanitary sewer electrical power telephone line gas pipe Road … More Real Estate Term of the Day: Easement
DEBIT DECLARATION DEED DEED IN LIEU OF FORECLOSURE DEED OF TRUST DEFAULT DEFERRED MAINTENANCE DELINQUENT DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT DEPRECIATION DETACHED HOUSING DEVELOPER DEVELOPMENT DISCLOSURE STATEMENT DISTRESSED PROPERTY DOWN PAYMENT DRIVE-BY APPRAISAL DUEL AGENCY DUE DILIGENCE DUPLEX Copyright 2012 – Created by Tagxedo.com
Real Estate Term of the Day: Depreciation & Obsolescence DEPRECIATION – an decrease in the value of property due to obsolescence (Barron’s Dictionary of Real Estate Terms) OBSOLESCENCE – a loss in value due to reduced desirability and usefulness of a structure because its design and construction have become obsolete; loss due to a structure … More Real Estate Term of the Day: Depreciation & Obsolescence
Real Estate Term of the Day: Duplex DUPLEX – two dwelling units under one roof (Barron’s Dictionary of Real Estate Terms) Duplexes are most often found in dense urban communities, where land is more expensive than suburban communities. A true duplex is often considered an attached single family. They are separated by a common wall … More Real Estate Term of the Day: Duplex
LESLIE MONACO REAL ESTATE 