- Industry: Real estate
- Number of terms: 9847
- Number of blossaries: 0
- Company Profile:
Century 21 Real Estate LLC is a real estate agent franchise company founded in 1971. The Century 21 System consists of over 7,800 independently owned and operated offices. Century 21 has offices in all 50 states and in more than 67 countries and territories.
A privilege in a mortgage permitting the borrower to make payments in advance of their due date.
Industry:Real estate
A one-story,detached, home-style dating from the early twentieth century. Often characterized by a low-pitched roof and the use of verandahs.Its exact meaning varies across the world. The term itelf originated in India from the Gujarati and Hindi words used to describe a house 'in the Bengal style'.
Industry:Real estate
Something of value given or pledged as security for a debt or obligation. The collateral for a real estate mortgage loan is the mortgaged property itself, which has been hypothecated.
Industry:Real estate
The process a lender takes to pursue a borrower who is delinquent on his payments in order to bring the mortgage current again. Includes documentation that may be used in foreclosure.
Industry:Real estate
An arrangement made to repay delinquent installments or advances. Lenders' formal repayment plans are called "relief provisions".
Industry:Real estate
Those portions of a building, land, and amenities owned (or managed) by a planned unit development (PUD) or condominium project's homeowners' association (or a cooperative project's cooperative corporation) that are used by all of the unit owners, who share in the common expenses of their operation and maintenance. Common areas include swimming pools, tennis courts, and other recreational facilities, as well as common corridors of buildings, parking areas, means of ingress and egress, etc.
Industry:Real estate
An unwritten body of law based on general custom in England and used to an extent in the United States.
Industry:Real estate
A system of property ownership based on the theory that each spouse has an equal interest in property acquired by the efforts of either spouse during marriage.
Industry:Real estate
Interest paid on the principal amount, as well as any accumulated interest.
Industry:Real estate
Additional value granted by a buyer or seller to entice another party to complete a deal.
Industry:Real estate
