Opening in the wall of a structure to let in air and light.
Popular Real Estate Terms
Agreement between the seller and buyer involving the terms of sale. ...
Some real estate sales require court confirmation of purchase to protect heirs and debtors from financial wrongs. These sellers have to sell their property due to unique circumstances. They ...
A financial obligation comes in several ways. In general terms, the meaning of liability refers to the amount of money an individual or company owes to a lender. We define the party holding ...
Tax credit aimed at encouraging the conservation of natural resources, as well as the development of alternative resource. ...
Placed by the federal government on a individual's real property for federal estate tax or income tax law violations. In the case of a federal estate tax lien, upon the owner's death, the ...
A clearly stated notice that an owner or operator will not assume responsibility for an inherent risk. For example, at a parking garage, a large notice of nonresponsability clearly states ...
The logical definition of both words is almost enough to understand what is earnest money. Money is a form of exchange between people to assert value to something and Earnest equals ...
Another residence in addition to the main residence where a person or family resides. An example is a second home out of the city used on weekends and during vacations. Interest and real ...
Taxable profit or loss arising from a sale. It is reported in the income statement. ...

Comments for Window
What does it mean when a realtor tells you "your window is small"?
Dec 05, 2019 20:27:15Hey, Melanie! Usually, when someone says that you have a small window it means that you have an opportunity that needs quick action otherwise you might lose it. For example, if you talked with a realtor about buying a house, he might come up with some home deals that you are interested in. If you point out one home deal that stands out he might tell you that you have a short window on this deal. This means that you should consider purchasing as soon as possible, otherwise, you might end up losing the deal in someone else's favor.
Apr 10, 2020 09:47:42Have a question or comment?
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