[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-413685-105":59,"doc-detail-413685-en":130},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":123,"head_meta":125,"extra_data":127,"updated_unix":129},105,"en","glossary-of-real-estate-terms","Glossary of Real Estate Terms","","Glossary of real estate terms defining common concepts used in property ownership, financing, transactions, and title documentation. Entries cover legal and contractual notions such as acceptance, consideration, contingency, contracts, deeds, easements, and encroachment, along with valuation and market metrics like appraisal, assessed value, fair market value, and comparative market analysis. The glossary also explains mortgage structures and related entities, including ARM, fixed-rate mortgages, amortization, APR, escrow, foreclosure, and major government-backed programs and agencies.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":35,"@type":76,"position":81},"https://docshare.wps.com/document/healthcare/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/glossary-of-real-estate-terms/413685/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/glossary-of-real-estate-terms/413685.png","ImageObject",300,407,{"name":92,"@type":93},"McGucket","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-07","2026-09-28",true,{"@type":102,"interactionType":103,"userInteractionCount":44},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"What does “Abstract of Title” mean in real estate transactions?","Question",{"text":112,"@type":113},"It is a summary of public records about ownership of a property, tracing ownership from the first recorded transfer to the present.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"How is a comparative market analysis (CMA) different from an appraisal?",{"text":117,"@type":113},"A CMA evaluates similar recently sold homes (comparables) to establish market value, while an appraisal is performed by a licensed appraiser and is not the same process.",{"name":119,"@type":110,"acceptedAnswer":120},"What is the difference between a deed and a deed (quit claim)?",{"text":121,"@type":113},"A deed conveys title to a property. A quit claim deed transfers only the title or right held by the grantor at the time of transfer and does not guarantee a clear title.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},413685,1790912379,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":34,"category_name":35,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":44,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":24,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":143,"read_time":144,"preview_page_count":4},1236954412713,"https://us-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0","Glossary of Real Estate Terms  \nAbstract of Title: A summary of the public records relating to the ownership of a particular piece of land. It represents a short legal history of an individual piece of property and traces the ownership of that property from the time of the first recorded transfer to present.  \nAcceptance: Consent to an offer to enter into contract.  \nAdjustable Rate Mortgage: A mortgage that allows the interest rate to be changed periodically;  \nreferred to as ARM.  \nAgency: A legal relationship in which an owner-principal engages a broker-agent in the sale of property or a buyer-principal engages a broker-agent in the purchase of property.  \nAmerican Society of Home Inspectors (ASHI): A professional trade association providing training and education in home inspections. Members meet qualification requirements to join.  \nAmortization: The gradual repayment of a mortgage by periodic installments.  \nAnnual Percentage Rate (APR): The total finance charge (interest, loan fees, and points) expressed as a percentage of the mortgage amount.  \nAppraisal: An evaluation of a piece of property to determine its value.  \nAppreciation: Increase in value due to any cause.  \nAsbestos: A mineral fiber used in some building materials, such as flooring, siding, insulation, and roofing. It is presently banned for most uses in real property.  \nAssessed Value: The valuation placed on property by a public tax assessor as the basis of property taxes.  \nAssumption of Mortgage: An agreement whereby the buyer assumes responsibility for a mortgage owed by the seller; the seller remains liable to the lender unless lender agrees to release the seller from the liability.  \nComparative Market Analysis (CMA): An evaluation of similar , recently sold homes (called comparables) that are near a home intended to be bought or sold. Comparative market analyses establish the current market value of the home and are prepared by real estate agents. A comparative market analysis is not the same as an appraisal, which is performed by a licensed appraiser.  \nComparables: Properties similar in size and character to the one being bought or sold.  \nCondominium: Ownership of a unit only, rather than of the entire building with the land.  \nConsideration: Anything of value to induce another to enter into a contract ([i.e. money](i.e. money), services, a promise, etc.) .  \nContingency: A condition that must be satisfied before a contract is binding.  \nContract: An agreement to do or not to do a cer tain thing.  \nConventional Mortgage: A fixed rate, fixed-term mortgage not insured by the federal government.  \nDeed: A legal document conveying title to a property.  \nDeed (quit claim): A deed that transfers only that title or right to a property that the holder of that title has at the time of the transfer. It does not warrant or guarantee a clear title.  \nDepartment of Housing And Urban Development: A U.S. government agency established to implement certain federal housing and community development programs.  \nDisclosure Laws: State and federal regulations which require sellers to disclose such conditions as whether a house is located in a flood plain or whether there are known defects in or affecting the property.  \nEarnest Money: A portion of a down payment given to the seller by a potential buyer indicating the buyer’s intent to complete the purchase of the property.  \nEasement: A right to use the land of another.  \nEncroachment: A condition that limits the interest in a title to property, such as a mortgage, deed restrictions, easements, unpaid taxes, etc.  \nEquity Mortgage: A mortgage based on the borrower ’s equity in their home rather than on their credit worthiness.  \nEscrow: The placement of money or documents with a third party for safekeeping pending the fulfillment or performance of a specified act or condition.  \nFair Market Value: a selling price for an item to which a buyer and seller can agree.  \nFannie Mae: Nickname for Federal National Mortgage Co","cbCaiiIuaZJWPYBH","https://ap.wps.com/l/cbCaiiIuaZJWPYBH","pdf",524803,"English","# Glossary of Real Estate Terms\n## Real Estate and Title Concepts\n## Valuation and Market Analysis\n## Mortgage, Financing, and Related Programs","[{\"question\":\"What does “Abstract of Title” mean in real estate transactions?\",\"answer\":\"It is a summary of public records about ownership of a property, tracing ownership from the first recorded transfer to the present.\"},{\"question\":\"How is a comparative market analysis (CMA) different from an appraisal?\",\"answer\":\"A CMA evaluates similar recently sold homes (comparables) to establish market value, while an appraisal is performed by a licensed appraiser and is not the same process.\"},{\"question\":\"What is the difference between a deed and a deed (quit claim)?\",\"answer\":\"A deed conveys title to a property. A quit claim deed transfers only the title or right held by the grantor at the time of transfer and does not guarantee a clear title.\"}]","Glossary of Real Estate Terms | PDF",1790595513,13]