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Power of Attorney (POA)

A legal document authorizing someone to act on your behalf, often used to sign contracts or register mortgages remotely.

by Sukhumalin  July 11, 2025

Appraised Value

The official valuation of a property used for loans, taxes, and transfer calculations.

by Sukhumalin  July 11, 2025

Zoning Regulations

Local laws defining permitted uses of land (residential, commercial, agricultural).

by Sukhumalin  July 11, 2025

Encumbrance

A legal claim, lien, or liability attached to a property that may affect its transfer or use.

by Sukhumalin  July 11, 2025

Usufruct

A legal right to use and benefit from someone else’s property without owning it, often granted for a fixed term.

by Sukhumalin  July 11, 2025

Foreclosure

The legal process where a lender forces the sale of collateral property to recover an unpaid loan.

by Sukhumalin  July 11, 2025

Collateral

Property or assets pledged by a borrower to secure a loan, subject to forfeiture in case of default.

by Sukhumalin  July 11, 2025

Nor Sor 3 Gor

A land title deed with defined boundaries that is legally upgradeable to Chanote.

by Sukhumalin  July 11, 2025

Nor Sor 3

A lesser land title with less precise boundaries than Nor Sor 3 Gor, requiring notice before sale or transfer.

by Sukhumalin  July 11, 2025

Possessory Right

A basic land holding document without official survey or registration at the Land Department, offering minimal security.

by Sukhumalin  July 11, 2025

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Discover the essential real estate terms that will elevate your game and give you the confidence to navigate the market like a pro! Dive in and explore the terms that interest you the most.

Glossary Of Real Estate Lending List

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