Buyer glossary

 

Absorption Rate

Accessory Building

Accretion

Addendum

Amenity

Appraisal

Appraised Value

Appreciation

Arms Length Transaction

Assessed Value

Bona Fide

Bridge Financing

Brokerage

Building Code

Bungalow

Cape Cod Colonial

Caveat Emptor

Certificate of Occupancy

Certificate of Title

Chain of Title

Chattel

Clear Title

Closing

Commission

Concessions

Contract

Deposit

Depreciation

Distressed Property

Double End

Down Payment

Easement

Effective Age

Encroachment

Encumbrance

Exclusive Listing

FAQ

Feature Sheet

Fee Simple

Fixture

FSBO

Gable Roof

Gambrel Roof

Georgian

Grade

Grantee

Grantor

Home Inspection

Homeowner’s Warranty

HST

Latent Defects

Legal Description

Licensee

Lien

Multiple Listing Service (MLS)

New England Colonial

Non-Conforming Use

PDS (Property Disclosure Statement)

Plat

Pre-Qualification

PTT (Property Transfer Tax)

Purchase Agreement

Rancher

Raw Land

Realtylink

Right of First Refusal

Survey

Sweat Equity

Title

Title Search

Transfer of ownership

Tudor

Unencumbered Property

Useful Life

Webforms

Working With a Realtor