Selected Real Estate Law Glossary
Santillán Law P.C. has provided the selected real estate law glossary for clients so they can understand the most common terms used within the real estate law discipline. Real estate law can be confusing especially for first time home buyers or tenant landlord situations. Hopefully this real estate glossary will take some of the mysticism out of that. This glossary is not and should not be construed as legal advice it is provided for informational purposes only and does not constitute “Legal Advice” For proper legal advice please consult a qualified attorney.
For more information about Divorce Law in Pennsylvania we recommend the following sites
NOLO – Overview of Landlord-Tenant Laws in Pennsylvania
- Accommodator
- Amortization
- Assignment of agreements
- Assignment of leases
- Attornment
- Bankruptcy-remote
- Business day
- Cognovit note
- Collateral (real estate law)
- Credit score
- Deed of trust
- Default (Real estate)
- Delinquency
- Due on sale
- EBITDA
- Environmental indemnity
- Equal Credit Opportunity Act (ECOA)
- Equitable subordination
- Equity
- Escrow account
- Escrow agent
- Estoppel
- Estoppel certificate
- Exchange Value
- Fair Market Value
- Fee mortgage
- Fee simple estate
- FHA
- FICO score
- Financing statement
- Fixture
- Foreclosure
- Gross earnings
- Guaranty
- Homeowners association
- Indemnification
- Intercreditor agreement
- Junior financing
- Junior lien
- Lease
- Leasehold estate
- Leasehold mortgage
- Lending regulations
- Lien
- Loan origination fee
- Mezzanine loan
- Mortgage
- Mortgage broker
- Mortgage insurance
- Neighborhood association
- Non-disturbance
- Non-recourse
- Non-recourse carve-outs
- PACER (Public Access to Court Electronic Records)
- Participation agreement
- Participation loan
- Perfection
- Personal Property
- PITI
- Power of sale
- Pre-approved or pre-qualified
- Prepayment
- Prepayment penalty or fee
- Principal - Real Estate
- Pro rata
- Quiet Title Actions
- Real Estate
- Real property
- Realized Proceeds
- Recognized Proceeds
- Regulation B
- Regulations.
- Relinquished Property
- Replacement Property
- Repossession
- RESPA
- Secondary financing
- Security agreement
- Security interest
- Seller
- Sheriff's sales
- Single purpose entity
- Submortgage
- Subordinate the fee
- Subordination
- Subordination, non-disturbance and attornment agreement
- Taxpayer
- Title insurance
- Title policy endorsement
- Underwriting
- Uniform commercial code
- Yield maintenance fee
More Resources From The Web
Investopedia – What does a real estate lawyer do?
LawInfo – What Do I Need To Know About Buying A Home?
Nolo – Overview of Landlord-Tenant Laws in Pennsylvania
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