Safe Emergency Egress from HomeSafe Emergency Egress From Home refers to the ability for occupants to exit a residential property quickly and safely during an(...)
Safe HarborSafe Harbor refers to a legal or regulatory provision that protects individuals or organizations from liability, penalties, or adverse(...)
Sale of Loan PortfolioA Sale Of Loan Portfolio is a transaction in which a lender transfers a group of existing loans to another financial entity. In real(...)
Sallie MaeSallie Mae is a financial services organization primarily known for its involvement in education related lending. While its core(...)
Saltbox RoofA Saltbox Roof is a roof design defined by two asymmetrical roof slopes, where one side is noticeably longer than the other. The(...)
Saltbox StyleSaltbox Style refers to a traditional residential architectural form characterized by an asymmetrical roofline and a simple, elongated(...)
Sawtooth RoofA Sawtooth Roof is a roof form made up of a repeating series of angular roof planes that create a profile resembling the edge of a saw(...)
Secondary Mortgage MarketThe Secondary Mortgage Market refers to the system in which existing mortgage loans are bought, sold, and transferred after(...)
Secured LendingSecured Lending is a form of financing in which a loan is backed by specific real property used as collateral. In real estate, this(...)
Seller’s AgentA Seller’s Agent is a real estate professional who represents the interests of the property owner in a real estate transaction. This(...)
Seller’s DisclosureA Seller’s Disclosure is a written statement provided by a property seller that outlines known facts, defects, or conditions affecting(...)
Seller’s MarketA Seller’s Market is a real estate market condition in which demand from buyers exceeds the available supply of properties for sale.(...)
Septic TankA Septic Tank is an on site wastewater treatment system used by properties that are not connected to a municipal sewer network. In(...)
ServicerA Servicer is an entity responsible for managing a mortgage or property related loan on behalf of the loan owner. In real estate, a(...)
Settlement StatementA Settlement Statement is a document that summarizes the financial details of a real estate transaction at closing. It itemizes how(...)
Shared Appreciation MortgageA Shared Appreciation Mortgage is a type of real estate loan where the lender agrees to more flexible repayment terms in exchange for(...)
Sheriff's DeedA Sheriff's Deed is a legal instrument used to transfer ownership of real property following a court ordered sale. This type of deed(...)
Short SaleA Short Sale is a real estate transaction where a property is sold for less than the total amount owed on the mortgage or secured(...)
Shotgun StyleShotgun Style refers to a residential home layout characterized by a long, narrow floor plan where rooms are arranged in a straight(...)
Simple InterestSimple Interest is a method of calculating the cost of borrowing or the return on funds where interest is applied only to the original(...)
Simple Interest LoanA Simple Interest Loan is a financing arrangement where interest is calculated only on the original principal rather than on(...)
Single WideA Single Wide is a type of factory built housing constructed as one long, narrow unit that is transported to a site in a single(...)
Site SurveyA Site Survey is a detailed evaluation of a property conducted to document physical conditions, features, and constraints that may(...)
Skillion RoofA Skillion Roof is a roof design defined by a single sloping surface rather than opposing planes that meet at a ridge. The slope runs(...)
SKUA SKU is an internal identification code used to track and manage individual products or assets within an inventory system. It allows(...)
Soft Inquiry
A Soft Inquiry is a review of a consumer’s credit information that does not affect credit scores and is not tied to an active request(...)
SolariumA Solarium is an enclosed space designed to capture and utilize natural sunlight while providing shelter from outdoor elements. It is(...)
Southwestern StyleSouthwestern Style is a residential architectural and design approach inspired by the cultures, landscapes, and materials of the(...)
Spanish StyleSpanish Style refers to an architectural and design style commonly used in residential construction that draws inspiration from(...)
Special AssessmentA Special Assessment is a charge imposed on property owners to fund a specific public improvement or service that benefits a defined(...)
Special Purpose DeedA Special Purpose Deed is a legal instrument used to transfer ownership of real property under specific, limited circumstances. Unlike(...)
Special Tax DistrictA Special Tax District is a designated geographic area where property owners are subject to an additional tax or assessment to fund(...)
Special Warranty DeedA Special Warranty Deed is a legal document used in real estate transactions in which the seller conveys ownership of property while(...)
Split-Level StyleA Split-Level Style home is a residential design characterized by multiple staggered floor levels that are connected by short flights(...)
Starter HomeA Starter Home is a residential property that is typically purchased as an initial step into homeownership. It is generally more(...)
SteeringSteering is an unlawful real estate practice in which a real estate professional guides, influences, or discourages a buyer or renter(...)
Stock CooperativeA Stock Cooperative is a form of property ownership in which residents do not own their individual units outright but instead own(...)
Structural Damage DocumentationStructural Damage Documentation is the process of recording and preserving information about damage affecting the load bearing and(...)
Structural EncroachmentStructural Encroachment occurs when a building or permanent improvement extends beyond its legal property boundaries and intrudes onto(...)
SubagentA Subagent is a real estate professional who is authorized to act on behalf of a principal through another agent rather than through a(...)
Subprime MortgageA Subprime Mortgage is a type of home loan offered to borrowers whose credit profiles do not meet the standards typically required for(...)
Subsurface Rights (Oil/Mineral/Gas)Subsurface Rights (Oil/Mineral/Gas) refer to the legal rights associated with the ownership, access, and extraction of resources(...)
Sun NumberSun Number is a property specific metric that describes how much natural sunlight a home receives based on its physical(...)
SurveyA Survey is a formal measurement and mapping process used to identify, define, and document the physical boundaries, features, and(...)
Sweat EquitySweat Equity refers to the value added to a property or project through personal labor, effort, or time rather than through direct(...)
