Terms Beginning with D
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Datum
A horizontal plane that serves as a reference point for...
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DBA
Doing business as. A trade name, also known as a trading...
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Debenture
A note or bond that is issued as proof of debt but does not...
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Debt
A debt is an obligation to pay back or refund anything that...
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Declining balance method
A technique of estimating an asset's depreciation that may...
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Deed in lieu of foreclosure
A way for the person who has the mortgage to keep their home...
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Deed of reconveyance
The legal document that is used to retransfer ownership to a...
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Deed of trust
An document that is used to form a lien and through which...
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Deed restrictions
The provisions in a deed that place restrictions on who may...
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Deed
A written document that, once signed and delivered,...
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Default
The act of failing to execute a responsibility, whether that...
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Defeasance clause
A provision that may be found in mortgages and leases and...
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Defeasible fee estate
A qualifying estate in which the grantee may lose their...
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Deficiency judgment
A personal judgment that is issued on the mortgagor in the...
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Delinquent taxes
Past-due taxes that have not been paid in full.
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Delivery in escrow
Not allowing the delivery of a deed to a third party until...
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Delivery
The formal process through which ownership of something is...
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Demand
The degree to which individuals are eager to purchase things...
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Density zoning
The zoning rules that limit the average maximum number of...
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Depreciation
A decrease in the value of a property that may be attributed...
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Descent
The right of an heir to inherit the property of a deceased...
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Designed agency
An agency connection in which a customer chooses a broker to...
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Determinable fee estate
An estate in fee simple in which ownership of the property...
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Devise
A transfer of real property as part of someone's will or...
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Diminishing returns
The idea that states that when a particular piece of land...
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Discount points
A loan fee that is imposed on by the lender to make the...
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Discount rate
The annual percentage rate of interest (APY) that is charged...
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Dispossess
To remove someone from land via the use of legal means.
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Dominant tenement
A piece of real estate that, as part of its ownership, comes...
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Dower
The legal right or interest that may be recognized in...
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Duress
The use of illegal restraint in a manner that compels a...
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DVA loan
A mortgage loan on an approved property that is given to a...