Real Estate Glossary

Buying, selling and renting in real estate is a complicated process so is the terminology that comes with it. Here's a plain-language guide to familiar/unfamiliar real estate terms. The terms are in alphabetical order to help you find what you are looking for easily.

ABANDONMENT

The act of surrendering a claim or interest in a property or asset permanently.

AMORTIZATION

The process of gradually paying off a loan through scheduled, periodic payments of principal and interest.

Real Estate Glossary

ABANDONMENT

AMORTIZATION

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