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blockbusting
panic peddling
steering
channeling
breach
default
joint tenancy
tenancy by the entirety (married)
loan buydown
discount points
lot and block or recorded map
recorded plat
government survey system (GSS)
rectangular survey system (RSS)
market data approach
sales comparison approach
income approach
capitalization method
economic obsolescence or external obsolescence
environmental obsolescence
special agency
limited agency
homeowner’s association (HOA) or property owner’s association (POA)
condominium association
client
principal
non-conforming use
grandfathered use
buyer’s agent
selling agent
buyer’s broker
selling broker
escrow account or trust account
impound account or reserve account
mortgage
deed of trust
lender or creditor or lienholder
beneficiary (in a deed of trust) or mortgage
note
promissory note
take back or carry back
owner financing or seller financing
funding fee
guarantee fee
water’s edge or vegetation line
high tide line
alienation or transfer
due on sale clause
devise
real property inherited by will
devisee or beneficiary
heir - recipient of real property by will
personal property or personalty
chattel
forcible entry and detainer
eviction
recording
filing
closing
consummation
fixture
improvement (not an accessory)
contract for deed or installment contract
land contract or real estate contact — mortgage’s executory contract (REMEMBER: THIS IS NOT THE SAME AS AN INSTALLMENT SALE!!!)