Terms Beginning with Letters D - F
Definitions of words or terms beginning with the letters D through F. Click the links to get complete definitions.
Definition of Equity of Redemption
Equity of Redemption is something on the minds of more homeowners at a time of high foreclosures. Learn what it means here.
Equity of Redemption is something on the minds of more homeowners at a time of high foreclosures. Learn what it means here.
Definition of Flat Fee Real Estate Brokerage
There are many real estate business models, including flat fee brokerage. Learn what this business model looks like.
There are many real estate business models, including flat fee brokerage. Learn what this business model looks like.
Real Estate Franchises Definition
Learn the definition of a real estate franchise, with examples and how they are structured.
Learn the definition of a real estate franchise, with examples and how they are structured.
Debt Service Defined for the Real Estate Investor
Real estate investors must always be aware of their costs to hold and operate a property. Debt service is the annual cost in interest or other charges related to the mortgage on a real estate investment property.
Real estate investors must always be aware of their costs to hold and operate a property. Debt service is the annual cost in interest or other charges related to the mortgage on a real estate investment property.
Defeasible Fee Estate in Real Estate
When the rights of ownership in real estate are dependent on the occurrence or non-occurrence of a certain event, it is known as a defeasible fee estate.
When the rights of ownership in real estate are dependent on the occurrence or non-occurrence of a certain event, it is known as a defeasible fee estate.
Depreciation of Real Estate
Commercial and investment real estate properties receive a tax deduction annually for wear and tear or loss of utility of the property. This deduction over time is known as depreciation.
Commercial and investment real estate properties receive a tax deduction annually for wear and tear or loss of utility of the property. This deduction over time is known as depreciation.
Designations
Professional designations in real estate indicate additional training and expertise in subject areas of specialization. They are indicated by letter acronyms that are placed after our name or title. An example would be YourName, ABR (indicates you have received training in the specialization of serving buyers and hold the designation Accredited Buyer Representitive).
Professional designations in real estate indicate additional training and expertise in subject areas of specialization. They are indicated by letter acronyms that are placed after our name or title. An example would be YourName, ABR (indicates you have received training in the specialization of serving buyers and hold the designation Accredited Buyer Representitive).
Domain Name
The domain name is an internet location for your website that uses a name rather than the underlying number used by the computers. In other words, YourDomainName.com is what you type in to get to the site instead of the #.#.# that the name points to.
The domain name is an internet location for your website that uses a name rather than the underlying number used by the computers. In other words, YourDomainName.com is what you type in to get to the site instead of the #.#.# that the name points to.
Drip Email
Drip email is a term used for a variety of products and services. Be sure that you know what you want to accomplish and choose the right real estate drip email system.
Drip email is a term used for a variety of products and services. Be sure that you know what you want to accomplish and choose the right real estate drip email system.
Duplex
A duplex in real estate normally refers to a structure used for residential purposes and consisting of two living units with a common wall.
A duplex in real estate normally refers to a structure used for residential purposes and consisting of two living units with a common wall.
Encumbrances in Real Estate Defined
An encumbrance is a claim or liability against real estate. This can include liens, deed restrictions, easements or licenses.
An encumbrance is a claim or liability against real estate. This can include liens, deed restrictions, easements or licenses.
Estate at Sufferance Type of Leasehold Estate
One type of leasehold estate is the "estate at sufferance". This happens when a tenant stays in possession of the property after the lease period has ended and without the consent of the owner or landlord.
One type of leasehold estate is the "estate at sufferance". This happens when a tenant stays in possession of the property after the lease period has ended and without the consent of the owner or landlord.
Estate at Will Type of Leasehold Estate in Real Estate
An estate at will is one type of leasehold estate in real estate. In this type, no definite duration is set forth, nor is any periodic tenancy, such as month-to-month. The landlord consents to this unspecified period and rights and obligations of owner and tenant are specified in the lease.
An estate at will is one type of leasehold estate in real estate. In this type, no definite duration is set forth, nor is any periodic tenancy, such as month-to-month. The landlord consents to this unspecified period and rights and obligations of owner and tenant are specified in the lease.
Estate for Years Type of Leasehold Estate in Real Estate
An estate for years, or estate for term, is one type of leasehold estate in real estate. This type is a lease for a specific period, with a beginning and an ending date. No notice to vacate is required, as there is a definite date for the lease to end and the tenant to vacate.
An estate for years, or estate for term, is one type of leasehold estate in real estate. This type is a lease for a specific period, with a beginning and an ending date. No notice to vacate is required, as there is a definite date for the lease to end and the tenant to vacate.
Fair Use as a Part of Copyright Law
Fair use describes the defense to copyright infringement that infers that the use is to limited amounts of the copyrighted work. This might be the quoting of limited amounts of text from a book in order to review it or instruct on its content.
Fair use describes the defense to copyright infringement that infers that the use is to limited amounts of the copyrighted work. This might be the quoting of limited amounts of text from a book in order to review it or instruct on its content.
Farming an Area or Market Segment in Real Estate
When a real estate agent selects a subdivision, geographical area or demographic customer profile and does marketing to that area or market segment regularly, they are said to be farming the area or market. This can be by direct mail, postcards, door knocking, newsletters or even email campaigns.
When a real estate agent selects a subdivision, geographical area or demographic customer profile and does marketing to that area or market segment regularly, they are said to be farming the area or market. This can be by direct mail, postcards, door knocking, newsletters or even email campaigns.
Fee for Service
Fee for service in real estate is a financial model that charges the client for real estate listing or buyer services based on services performed, rather than a negotiated percentage of the selling price.
Fee for service in real estate is a financial model that charges the client for real estate listing or buyer services based on services performed, rather than a negotiated percentage of the selling price.
Fee Simple Ownership in Real Estate
A fee simple estate in land is the highest form of ownership recognized by law. The property owner is entitled to the full enjoyment and use of the property subject only to limitations such as deed restrictions or zoning.
A fee simple estate in land is the highest form of ownership recognized by law. The property owner is entitled to the full enjoyment and use of the property subject only to limitations such as deed restrictions or zoning.
Fiduciary
A fiduciary is someone who acts in a legal role responsible for the best interests of another. In real estate, an agent acting in an agency capacity has certain fiduciary duties to their client as a legal requirement.
A fiduciary is someone who acts in a legal role responsible for the best interests of another. In real estate, an agent acting in an agency capacity has certain fiduciary duties to their client as a legal requirement.
Fiduciary and Fiduciary Duties in Real Estate
A fiduciary is one who acts legally on behalf and in the best interests of another. There are certain common law duties attached to fiduciary. Duties of fiduciary include Obedience, Loyalty, Disclosure, Confidentiality, Accounting and Reasonable Care.
A fiduciary is one who acts legally on behalf and in the best interests of another. There are certain common law duties attached to fiduciary. Duties of fiduciary include Obedience, Loyalty, Disclosure, Confidentiality, Accounting and Reasonable Care.
Flat Fee Listing
This real estate pricing model charges some stated flat fee amount, rather than a percentage of the sale price, for listing a property in the Multiple Listing Service and providing a varied level of other services involved with the listing.
This real estate pricing model charges some stated flat fee amount, rather than a percentage of the sale price, for listing a property in the Multiple Listing Service and providing a varied level of other services involved with the listing.
FSBO - For Sale by Owner
A FSBO, or For Sale by Owner property, is one that is being marketed by the owner without the involvement of a real estate agent or broker.
A FSBO, or For Sale by Owner property, is one that is being marketed by the owner without the involvement of a real estate agent or broker.