Escrow Agent
Definition of "Escrow agent"
The individual responsible for an escrow account.
Popular Real Estate Terms
Flat irregularly shaped stones, ranging from 1 to 4 inches thick, used for terrace or loan walkways. ...
To depreciate is to lose value for something. Depreciation is the act of losing worth.Connecting with real estate, Property depreciation can be both an accounting method typically used to ...
Drain facility usually underground for waste and water disposal consisting on connected pipes. ...
List of architectural design items needing to be corrected and resolved prior to finalizing a building design. ...
Demise indicates the act of “granting a lease of property” in legal terms. A demising clause refers to a particular provision of housing requirements based on family size, ages, ...
Actual notice to one or more individuals to cease and desist from performing a particular action. For example, a homeowner begins constructing several new rooms onto an existing house ...
A lien which is secondary to a senior lien and cannot be paid until the senior lien is satisfied. ...
An agreement allowing occupancy of a premises for a stated period of time provided certain terms are met. A limited occupancy agreement is most frequently used when a prospective buyer is ...
Multiple Listing is the kind of Listing that is registered by a broker or a real estate agent at the Multiple Listing System (MLS). If a house is directly sold by an owner – the ...
Have a question or comment?
We're here to help.