FIND THE DEFINITION FOR ANY REAL ESTATE
Click on the letters above for terms beginning with that
letter, and then click on the term below.
Don’t see a term here?
Feel free to ask us. (Unfortunately, however, we cannot give you
real estate or legal advice.)
GABLE – 1.
A roof coming to one central peak. 2. The triangular end of that roof. 3. The triangular end of a protrusion extending
out from a sloped roof. The
entire protrusion is called a DORMER.
4. A movie star
from the middle part of the 1900’s that appeared in “Gone With
the Wind” and “It Happened One Night” (for those REALLY new
agents, buyers and sellers).
GENERAL WARRANTY DEED
– A deed in which the grantor warrants the title to the property
for anything that has ever happened which may cause the grantee
to lose the property title.
FARMER– A farmer or farm owner whose primary occupation
is something other than farming.
(see Government National Mortgage Association)
GNMA (see Government
National Mortgage Association)
MORTGAGE ASSOCIATION (GNMA or Ginnie Mae) – One of the
main secondary market institutions. As a branch of the U.S. Department of Housing and Urban Development
(HUD), Ginnie Mae purchases government backed loans (FHA and
– The recipient of a deed to a property. In a sale, this would be the buyer.
– The clause in a deed, which states that a grantor is transferring
a property to a grantee. One of the essential elements of a deed.
– The party in a deed selling a property or giving the property
to another party.
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