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  HOME ABOUT US FAQ RESOURCE CENTER CONTACT US LOCATE AGENTS August 20, 2008
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Commercial Real Estate
Construction
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Real Estate Agent Terms


  > Covenant
A covenant is a written agreement that probibits certain use of property.
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  > Realty
Realty is synonymous for real estate or real property.
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  > Common expense
In a condominium, common expenses are the expenses of operation, set by the bylaws.
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   Real Estate Terms and Definitions

 

Lessor
A lessor is someone that rents property through a lease, the so called landlord.

Affidavit
An affidavit is a written declaration under oath.

Balloon payment
A ballon payment is a final payment which is usually higher than the preceeding ones.

Audit
An audit is the examination of real estate transaction records in order to verify accuracy.

Abstract
An abstract contains the history of ownership of a certain property.

Constructive notice
A constructive notice is also called a legal notice and presumes that everybody has knowledge of a recorded instrument.

Common expense
In a condominium, common expenses are the expenses of operation, set by the bylaws.

Locus
Locus means a particular parcel of land.

Cash value
Cash value refers to the amount of money a piece of property will bring shortly after brought to the open market.

Alluvion
A kind of accretion on riparian land by action of water which deposits sediment.

Contact our Georgia Real Estate Agents


If you live in the following cities and need a mortgage broker you should contact our Georgia Real Estate Agents as soon as possible:

  • Acworth
  • Albany
  • Alpharetta
  • Athens
  • Atlanta
  • Augusta
  • Columbus
  • Cumming
  • Dalton
  • Decatur
  • Douglasville
  • Duluth
  • Griffin
  • Hephzibah
  • Hinesville
  • Jonesboro
  • Kennesaw
  • Lawrenceville
  • Lilburn
  • Lithonia
  • Loganville
  • Marietta
  • Milledgeville
  • Moultrie
  • Newnan
  • Norcross
  • Powder Springs
  • Ringgold
  • Rome
  • Roswell
  • Savannah
  • Smyrna
  • Stockbridge
  • Stone Mountain
  • Suwanee
  • Tifton
  • Warner Robins
  • Woodstock
       
 
Did You Know?    
 
 
Knowing your neighborhood is important
As a real estate agent, it is self-explanatory that there must be a solid knowledge of property value and market trends. A

 
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Latest News
  Latest real estate agent news in Georgia and nationwide:

Jun 01, 2006 - Southern Maryland Home In Salisbury Reached An All Time High
Maryland’s home appreciation remained strong, despite a growing inventory of unsold homes. Home prices continued to rise a...
Read more >


Jun 10, 2006 - Stabilizing Housing Market In New York
New York’s housing appreciation stabilized, while housing sales have slowed

For the first time s...

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Mar 24, 2005 - Statement From Secretary Alphonso Jackson on February Sales Of New Homes
Sales of new single-family homes rose 9.4 percent in February, compared to January and 5.2 percent compared to February 20...
Read more >


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Legal Disclaimers
The information provided on Real Estate Agent Georgia.com is not intended to be real estate advice, but merely conveys general information related to real estate issues commonly encountered.

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