|
Back
to FAQ's
Frequently
Asked Questions
Glossary
of Real Estate Terms
Glossary for "A"
Assumption
clause
A provision that allows a buyer to take responsibility for the mortgage
from a seller.
Assumption
fee
A fee the lender charges to process new records for a buyer who
assumes an existing loan.
Average price
The price of a home determined by totaling the sales prices of all
houses sold in an area and dividing that number by the number of
homes.
Avigation
easement
An easement over private property near an airport that limits the
height of structures and trees.
Awning windows
Single-sash windows that tilt outward and up.
|
