A GLOSSARY OF REAL ESTATE TERMS


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Word List Definitions
A-frame
ACRS
ADA
AIREA
ALTA
AMO
APR
ARM
ASREC
Abandonment
Abatement
Abatement of nuisance
Abrogate
Absentee owner
Absolute auction
Absolute auction with minimum opening bid
Absolute ownership
Absorbtion rate
Abstract
Abstract of judgement
Abstract of title
Abstraction
Abstractor
Abutting
Accelerated Cost Recovery System, ACRS
Accelerated depreciation
Acceleration clause
Acceptance
Access right
Accessibility
Accession
Accommodating party
Accommodation recording
Accredited Management Organization, AMO
Accretion
Accrual for depreciation
Accrual method
Accrued
Accrued depreciation
Accrued items of expense
Accumulated depreciation
Accusation
Acknowledgment
Acknowledgment of a deed
Acoustical tile
Acquisition
Acquisition cost
Acre
Act of God
Action
Action of the sun
Active participation
Actual age
Actual authority
Actual depreciation
Actual eviction
Actual fraud
Actual notice
Ad valorem
Ad valorem tax
Addendum
Adjacent
Adjoining
Adjudged incompetent
Adjustable Rate Mortgage
Adjusted cost basis
Adjustments
Administration
Administrative Procedure Act
Administrator
Administrator's deed
Administratrix
Adobe house
Adult
Advance
Advance commitment
Advance fee
Advancement
Adverse possession
Advertising
Affiant
Affidavit
Affidavit of title
Affirm
Affirmation
Affirmative Marketing Agreement, AMA
Affirmative action program
Affirmative easement
Affirmative lending
Affordable housing
After-acquired title
Agency
Agency coupled with an interest
Agency disclosure
Agent
Agreement
Agreement of sale
Air lot
Air rights
Air space
Alienate
Alienation
Alienation clause
All-inclusive mortgage
All-inclusive rate
Allodial land
Allodial system
Allodial tenure
Alluvial deposit
Alluvion
Alluvium
Alternative minimum tax
Ambulatory
Amendment
Amenities
Amenity
America's Community Bankers
American Bankers' Association, ABA
American Institute of Real Estate Appraisers, ALFA
American Land Title Association Homeowner's policy, ALTA
American Land Title Association policy, ALTA
American Land Title Association, ALTA
American Society of Appraisers, ASA
American Society of Real Estate Counselors, ASREC
Americans with Disabilities Act, ADA
Amortization
Amortization schedule
Amortization table
Amortized loan
Anchor tenant
Annexation
Annual Percentage Rate
Annual cap
Annuity
Antitrust laws
Apartment building
Apex
Appeals board
Appellant
Application Fee
Apportionment
Appraisal
Appraisal Foundation
Appraisal Institute
Appraisal date
Appraisal fee
Appraisal inventory
Appraisal report
Appraiser
Appreciation
Appropriation
Appropriation of water
Approved attorney
Appurtenance
Appurtenant
Appurtenant easement
Architectural style
Area
Arm's length transaction
Arrears
Arterial highway
Articles of incorporation
Artificial person
Artisan's lien
As is
Asbestos
Asking price
Assemblage
Assessed value
Assessment
Assessment ratio
Assessment roll
Assessor
Asset
Assign
Assignee
Assignment
Assignment of lease
Assignment of rents
Assignments, and warranties
Assignor
Assigns
Associate broker
Associate licensee
Association of REALTORS
Association of Real Estate License Law Officials, ARELLO
Assumable loan
Assumed name
Assumption
Assumption agreement
Assumption clause
Assumption fee
Assumption of loan
Assumption of mortgage
Attachment
Attest
Attestation
Attorney's opinion of title
Attorney-in-fact
Attractive nuisance
Auction
Auction with reserve
Audit
Authentication
Automated underwriting
Automatic extension
Avulsion
Axial growth
 You chose: Absolute auction

A form of sale where the property is offered without a reserve price and which will be sold to the highest bidder.

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