Dictionary

Service Industry

Definition:   businesses that attract local money (e.g. , grocery stores, retail shops) Pronunciation: Used in a Sentence:   Destination properties, such as grocery stores, are a type of service industry that...

Separate Property

Definition:   property held individually, as opposed to community property or property held jointly Pronunciation:  \ˈse-p(ə-)ˌrāt\ \ˈprä-pər-tē\ Used in a Sentence:   When Sue and Mike got married the lake house she owned was...

Seller’s Market

Definition:   an economic situation that favors the seller because the demand for property is greater than the supply Pronunciation: Used in a Sentence:   We were able to get a higher...

Seisen

Definition:   a covenant in a deed that warrants that the grantor holds the property by virtue of a fee simple title and has a complete right to dispose of same...

Security

Definition:   evidence of a debt or of ownership Pronunciation:   \si-ˈkyu̇r-ə-tē\ Used in a Sentence:    To raise additional funds new owners will often invest in a security.

Secure And Fair Enforcement Of Mortgage Licensi...

Definition:   The SAFE Act sets a minimum standard for licensing and registering mortgage loan originators Pronunciation: Used in a Sentence: