Dictionary

Real Estate Services

Definition:    real estate activities involving compensation for performing the activities for another Pronunciation: Used in a Sentence:   I employed the real estate services of an area broker to sell...

Real Estate Recovery Fund

Definition:   a state-regulated account to cover claims of aggrieved parties who have suffered monetary losses from a licensee’s actions Pronunciation: Used in a Sentence:   The FREC ordered payment from the...

Real Estate Profession

Definition:   a profession requiring knowledge of real estate values, experience in dealing with the public, plus exceptional personal integrity and character as qualifications to act as advisors and agents for...

Real Estate Investment Trust (reit)

Definition:   a method of pooling investment money using the trust from of ownership Pronunciation: Used in a Sentence:    The real estate investments in a REIT are primarily office buildings,...

Real Estate Business

Definition:   a commercial activity in which the sale, purchase, leasing, rental, exchange or management of real property is conducted by qualified and licensed parties acting either for themselves or for...

Real Estate Brokerage

Definition:   a part of the real estate business that is concerned with bringing together buyers and sellers and owners and renters and completing a real estate transaction Pronunciation:    \ˈbrō-k(ə-)rij\ Used...