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Glossary
Co-ownership terms, explained simply
100 terms covering fractional ownership, real estate finance, and everything in between.
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
Y
Z
A
Absentee Ownership
Acquisition Cost
Amortization
Annual Fees
Appraisal
Appreciation
Assessment Fees
Asset Management
B
Beneficiary
Breach of Contract
Buyback Option
C
Capital Gain
Capital Improvements
Cash Flow
Closing Costs
Co-Ownership Agreement
Common Areas
Condominium
Conveyance
Covenants, Conditions & Restrictions (CC&Rs)
D
Deed
Depreciation
Depreciation Recapture
Developer
Dividends
Due Diligence
E
Easement
Encumbrance
Equity
Escrow Account
Exchange Programs
F
Fair Market Value
Fiduciary Duty
Financing Options
Fixed Costs
Foreclosure
Fractional Interest
Fractional Ownership
Fractional Share
G
General Partnership
Governance
Gross Income
H
Home Equity
Homeowners Association (HOA)
Housekeeping
I
Insurance
Interval Ownership
J
Joint Tenancy
K
Key Exchange
L
Leaseback
Leverage
Lien
Limited Liability Company (LLC)
Liquidity
Loan-to-Value (LTV) Ratio
M
Maintenance Fees
Management Company
Market Analysis
Market Value
Mortgage Broker
N
Net Operating Income (NOI)
Non-Recourse Loan
O
Occupancy Rate
Occupancy Schedule
Operating Agreement
Operating Expenses
P
Passive Income
Pre-Approval
Principal
Pro Forma
Property Inspection
Property Management
Property Taxes
Q
Quorum
R
Real Estate Investment Trust (REIT)
Refinancing
Rent Roll
Resale Value
Reserves
Return on Investment (ROI)
Right of First Refusal
Risk Management
S
Securities and Exchange Commission (SEC)
Shared Equity
Shared Ownership
Subletting
Syndication
T
Tax Shelter
Timeshare
Title
Title Search
U
Underwriting
Usage Rights
Utilities
V
Vacancy Rate
Vacation Club
W
Warranty
Warranty Deed
Y
Yield
Z
Zoning Laws