Real Estate at Real Estate Glossary
What is it? The physical land at, above and below the earths surface with all appurtenances, including any structures; any and every interest in land whether corporeal or incorporeal, freehold or nonfreehold; for all practical purposes, the term real estate is synonReal Estate Definition Added By: Grace
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Other Similar Real Estate Terms:
Real Estate Term Notice Of Cessation is A notice that gives subcontractors 30 days and gives prime contractors 60 days to file liens from the date of cessation of work. (See cessation of work)Real Estate Term Late charge is A fee a lender imposes on a borrower when the borrower does not make a payment on time.
Real Estate Term Recapture Rate is A periodic allowance for the recovery of investment capital from the propertys income stream.
Real Estate Term Recognized Capital Gains is The recognized capital gain from the sale of an asset subject to income taxes. (See capital gains, deferred capital gain, excluded capital gain, realized capital gain)
Real Estate Term Alternative mortgage is Any home loan that does not conform to a standard fixed-rate mortgage.