When you embark on a new career, it often involves learning a whole new vocabulary. A career in real estate is no exception. From abstract to zoning, you’ll be encountering terms like escheat, defeasance clause and severalty along with several familiar words that in real estate take on new meaning.
To give you a head start, and serve as a continuing reference guide, here are 114 terms real estate industry terms you’re likely to encounter as you begin your career as a Realtor.
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