|
Earnest Deposit
Deposit towards the purchase of a real estate by a buyer to demonstrate
that they are serious about wanting to complete the purchase.
Encumbrance
Anything that affects or limits a title of the property such as
mortgages, leases or restrictions.
Escrow
Legal arrangement in which an asset is delivered to a third party to be
held in trust pending a contingency or the fulfillment of a condition or
conditions in a contract such as payment of a purchase price.
Ethics
A code of professional standards, containing aspects of fairness and
duty to the real estate profession.
Exclusive Marketing Agency
One agent or agency has the exclusive rights to sell a property.
|
