Terms Beginning with E
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Earnest money deposit
A sum of money that is put down by a buyer in accordance...
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Easement by necessity
An easement is a legal concession that is granted in the...
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Easement by prescription
An easement is considered to have been obtained when the...
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Easement in gross
A personal easement is one that does not benefit any...
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Easement
A right to use the property of another for a certain...
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Economic life
The length of time during which a property that has been...
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Economic obsolescence
An impairment of attractiveness or usable life resulting...
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Emblements
Cultivation of crops that are produced on a yearly basis by...
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Eminent domain
The legal right of a government or municipal quasi-public...
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Employee status
The relationship between an individual and an employer in...
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Employment contract
A piece of paper that serves as proof of an official...
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Encroachment
A device or building, such as a wall or fence, that...
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Encumbrance
Any encumbrance that may be used to reduce the value of the...
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Endorsement
The act of writing one's name on a negotiable instrument or...
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Equal Credit Opportunity Act (ECOA)
Legislation on the federal level that requires lenders to...
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Equalization
The process of increasing or decreasing the assessed values...
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Equitable title
The equitable right to attain total ownership of property...
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Equity
The interest or value that an owner has in a property that...
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Erosion
The slow wearing away of land by water, wind, and general...
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Errors and omissions insurance
Coverage for claims made against real estate agents in the...
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Escheat
In the case that the owner of a piece of property passes...
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Escrow
The finalization of a transaction by use of a third party...
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Estate for years
A right to use a piece of property for a predetermined and...
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Estate in land
The quality, number, kind, and scope of an individual's...
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Estate in severalty
A piece of land that is owned by a single individual.
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Estoppel certificate
A certificate is a legal document that is signed by a...
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Estovers
Those things that are mandated by law to be present, such as...
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Et al
A term that translates to "and others" in Latin.
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Et ux / Et uxor
A term that translates to "and wife" in Latin.
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Et vir
A term that translates to "and husband" in Latin.
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Ethical
Behavior that is in keeping with the expectations of the...
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Eviction
A legal procedure that is used to remove someone from their...
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Evidence of title
A certificate of title, a title insurance policy, an...
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Exchange
A transaction in which all or part of the consideration for...
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Exclusive-agency listing
A listing contract in which the owner of the property...
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Exclusive-right-to-sell listing
A listing contract in which the owner appoints a real estate...
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Executed contract
A contract in which all of the parties have complied with...
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Execution
The execution of an instrument together with its delivery....
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Executor
The individual named in a will to take care of the dead...
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Executory contract
A contractual arrangement in which one or more of the...
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Expenses
The expenses that are incurred in the short term and are...
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Expressed contract
A verbal or written agreement between two or more parties in...