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  1. You may find the terminology used by industry professionals to be confusing or overwhelming. That is why we have created this dictionary - to help you better understand the language of real estate and make informed decisions when it comes to your real estate needs and real estate disputes.

  2. Commission - A sum due a real estate broker for services in that capacity. Commitment - A pledge or a promise or affirmation agreement. Completion Bond - A bond used to guarantee that a proposed subdivision

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  3. The right of a private judicial system to function is conditioned by the law on its unequivocal commitment to due process and its capacity to fulfill that commitment.

  4. This segment of the ABA Real Property, Trust & Estate Section's Info & FAQs covers a glossary of real estate terms.

  5. Jan 1, 2024 · Article 2 of NAR’s Code of Ethics obligates REALTORS® to refrain from exaggerating, misrepresenting, or concealing pertinent facts related to a property or transaction.

  6. Mar 20, 2023 · When searching for a home or applying for a mortgage, you may hear your real estate agent or lender use any of the terms or acronyms below. Keep this guide handy — you'll be fluent in the language of home buying before you know it.

  7. Glossary of Real Estate Terms. During the course of buying or selling your home, you will likely come across a host of unfamiliar real estate-related words and phrases. Attorneys' Title Guaranty Fund, Inc. (ATG) provides this list to help ease any confusion you may have.

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