EstatePass

141 Real Estate Terms and Definitions to Know

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Confused by real estate jargon? Decode the industry's secret language!

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141 Real Estate Terms and Definitions to Know
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  • 1

    1031 Exchange: Defer Capital Gains

    Investors defer taxes by reinvesting in similar property.

  • 2

    Acceleration Clause: Loan Repayment Demand

    Lender can demand full repayment if terms unmet.

  • 3

    Active Contingent: Offer with Conditions

    Sale pending on fulfilling specific contingencies.

  • 4

    ARM: Fluctuating Interest Rates

    Interest rates adjust based on market changes.

  • 5

    Appraisal: Home Value Estimate

    Determines loan amount; negotiate if low.

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