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Eminent Domain Compensation

Payment made to property owners when land is taken for public use.

by Sukhumalin  July 11, 2025

Exclusive Agency Listing

A contract where one broker markets the property but the owner can sell independently without paying commission.

by Sukhumalin  July 11, 2025

Fair Housing Act

U.S. law prohibiting discrimination in housing based on protected characteristics.

by Sukhumalin  July 11, 2025

Floodplain

Low-lying land adjacent to a river or stream prone to flooding.

by Sukhumalin  July 11, 2025

Force Majeure Clause

A contract provision excusing obligations due to extraordinary events.

by Sukhumalin  July 11, 2025

Gross Leaseable Area (GLA)

Total floor area available to be rented in a building.

by Sukhumalin  July 11, 2025

Ground Rent

Payment made for leasing land while owning the building on it.

by Sukhumalin  July 11, 2025

Guarantor

A person or entity that agrees to repay a debt if the borrower defaults.

by Sukhumalin  July 11, 2025

Habitable Condition

The minimum standard ensuring a property is safe and livable.

by Sukhumalin  July 11, 2025

Holdover Clause

A lease provision defining terms if the tenant stays after the lease expires.

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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