Terms Beginning with B

  1. Balloon payment

    The final payment on a mortgage loan that is much more than...

  2. Bargain and sale deed

    A deed that contains no guarantees against liens or other...

  3. Base fee

    An inheritable estate with a determinable fee structure.

  4. Base line

    One of a group of imaginary lines flowing east to west and...

  5. Benchmark

    Permanent reference mark or point used by surveyors to...

  6. Beneficiary

    The individual for whom a trust runs or in whose name...

  7. Bequest

    A clause in a will that specifies the disposition of...

  8. Bilateral contract

    A contract in which one party agrees to execute an act in...

  9. Bill of sale

    A document, also known as a written instrument, used to...

  10. Binder

    A contract that may accompany an earnest money deposit for...

  11. Blanket mortgage

    A mortgage on many parcels of real estate that allows for...

  12. Blockbusting

    The unlawful practice of persuading homeowners to sell their...

  13. Blue-sky laws

    State and federal legislation that control the registration...

  14. Boycotting

    Two or more companies plot against other companies in order...

  15. Branch office

    Apart from the major or main office, a secondary location...

  16. Breach of contract

    The failure of one of the parties to a contract to fulfill...

  17. Bridge loan

    A loan that bridges the sale of property.

  18. Broker/Salesperson

    An individual who has passed the broker's test but who is...

  19. Broker

    A person who buys and sells on behalf of another for a fee.

  20. Brokerage

    The commission-based business of purchasing and selling on...

  21. Brownfields

    Abandoned, defunct, and abandoned hazardous industrial sites...

  22. Budget loan

    A loan in which the borrower's monthly payments cover not...

  23. Buffer zone

    A strip of land that divides two distinct land uses.

  24. Building code

    A law establishing minimum building construction...

  25. Building line

    A line established at a specified distance from the front...

  26. Building restrictions

    The constraints placed on the amount or kind of property...

  27. Bundle of legal rights

    The argument that land ownership entails ownership of all...

  28. Business plan

    A three to five-year plan for an organization or real estate...

  29. Buydown

    A payment provided, often by the seller, to assist the buyer...