Radiant BarrierRadiant Barrier refers to a building material designed to reduce heat transfer by reflecting radiant energy rather than absorbing it.(...)
Rain Barrel/CisternRain Barrel/Cistern refers to a system used on residential property to collect and store rainwater from roofs or other surface(...)
Rammed EarthRammed Earth is a construction method that uses compacted natural materials to create solid structural walls. In real estate, this(...)
Ranch StyleRanch Style describes a residential housing design characterized by a horizontal layout, ground level living spaces, and an emphasis(...)
RangeA Range is a built in or freestanding kitchen appliance designed for cooking food using surface heating elements and an enclosed oven(...)
Rate LockA Rate Lock is an agreement between a borrower and a lender that holds a specific interest rate for a defined period during a(...)
Reaffirmation AgreementA Reaffirmation Agreement is a legal agreement in which a property owner voluntarily agrees to continue being personally responsible(...)
Real EstateReal Estate refers to land and any permanent structures or improvements attached to that land. In property law and real estate(...)
Real Estate AgentA Real Estate Agent is a licensed professional authorized to represent buyers, sellers, landlords, or tenants in residential property(...)
Real Estate BubbleA real estate bubble occurs when home prices rise rapidly to levels that are not supported by underlying economic fundamentals, such(...)
Real Estate Investment TrustA Real Estate Investment Trust is a legal structure used to own, manage, or finance income producing real property. In real estate,(...)
Real Estate Settlement Procedures ActThe Real Estate Settlement Procedures Act is a federal consumer protection law that governs how settlement services are disclosed and(...)
RealtistRealtist refers to a real estate professional who is a member of the National Association of Real Estate Brokers, an organization(...)
RealtorA Realtor is a licensed real estate professional who is a member of the National Association of Realtors and agrees to follow a(...)
RecessionRecession refers to a sustained period of economic contraction that affects employment, income stability, and overall economic(...)
ReconveyanceReconveyance is the legal process by which a lender releases its interest in real property after a secured obligation has been fully(...)
RecordingRecording Meaning In Residential Real EstateRecording refers to the formal process of placing a real estate document into the public(...)
Recourse LoanA Recourse Loan is a financing arrangement where the borrower is personally responsible for repayment beyond the value of the real(...)
Recreation RoomA Recreation Room is a designated interior space within a residential property that is intended for leisure, entertainment, and(...)
RedliningRedlining is a discriminatory practice in real estate and housing finance where services are denied, restricted, or made more costly(...)
RefinanceRefinance refers to the process of replacing an existing real estate loan with a new loan secured by the same property. In residential(...)
Regulation ZRegulation Z is a federal consumer protection rule that governs how credit terms are disclosed in real estate related lending. Its(...)
RelictionReliction is a property law concept that describes the gradual and permanent exposure of land caused by the natural withdrawal of(...)
Remaining BalanceRemaining Balance refers to the amount still owed on a real estate related obligation after payments have been applied. In(...)
Renovation YearRenovation Year refers to the point in time when a property last underwent significant improvements, updates, or alterations that(...)
Rental Scam
A rental scam is a form of real estate fraud in which a criminal falsely advertises a property for rent or misrepresents their(...)
Replacement CostsReplacement Costs refer to the estimated expense required to rebuild or replace a property structure using materials and construction(...)
Resale ValueResale ValueResale Value refers to the estimated amount a property is likely to sell for in the future based on market conditions,(...)
RescissionRescission is the legal act of canceling a contract and restoring the parties involved to their original positions as if the agreement(...)
Reserve FundA Reserve Fund is a pool of money set aside for future repair, replacement, or major maintenance expenses related to real property. In(...)
Residential Lease AgreementA Residential Lease Agreement is a legally binding contract between a property owner (landlord) and a tenant that outlines the terms(...)
Residential Real EstateResidential Real Estate refers to property that is used primarily for human habitation. This category includes land and structures(...)
Residuary EstateA Residuary Estate refers to the portion of a deceased person’s estate that remains after all debts, expenses, taxes, and specific(...)
Restrictive CovenantsRestrictive Covenants are private rules placed on real property that limit how land or structures may be used. These rules are(...)
Reverse MortgageA Reverse Mortgage is a residential loan structure that allows a property owner to access a portion of the equity in an owned home(...)
Revolving Line of CreditA Revolving Line Of Credit is a financing arrangement that allows a property owner to borrow funds up to an approved limit, repay(...)
Right of First RefusalA Right Of First Refusal is a contractual provision that gives a specific party the opportunity to purchase real property before the(...)
Right of RescissionA Right Of Rescission is a legal protection that allows a borrower or property owner to cancel a completed real estate related(...)
Riparian Water RightsRiparian Water Rights describe a legal doctrine governing the use of surface water by landowners whose property borders a natural(...)
Roll InIn real estate and home financing, roll in refers to the practice of including certain costs, fees, or balances into a loan rather(...)
Roof TurbineA Roof Turbine is a passive ventilation device installed on the roof of a building to help remove warm air, moisture, and odors from(...)
