Remove Brokerage Remove Construction Remove Termite Report
article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Construction loan. Liens can come from unpaid mortgages, construction bills, even HOA fees. It could also refer to the managing broker in a brokerage, or the individual who’s ultimately legally responsible for overseeing transactions. Termite report/inspection/letter/bond. Contingency.