Glossary |
Terms that are on use on this site.
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| There are 4 entries in the glossary. |
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| Offer | The action of one person proposing a contract to another. If the offer is accepted, a binding contract is formed. |
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| Option to Purchase | A mututal agreement between buyer and seller which gives the right to buy property at an agreed price during a specified period. |
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| Ordinance | A law passes by a local legislative body, such as a city council. |
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| Origination Fee | A fee charged to the borrower by the lender when making a new loan. |
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Glossary V2.0 |
Real Estate Terms