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| Abandonment | A disclaimer of ownership by the trustee or debtor in ... | |
| Abatement | A reduction in amount;this usually applies to taxes or rent. Example: ... | |
| Abbreviations | 1003 -- standard application CLTV - combined loan to value ... | |
| Absentee Owner | An owner who does not manage or live at their ... | |
| Absolute Auction | An auction in which there is no reserve price and ... | |
| Absolute Title | A title without any liens or judgements. ... | |
| Absorption Rate | An estimate of the expected annual sales or new occupancy ... | |
| Abstract of judgment | A court document that states how much the loser of ... | |
| Abstract of title | A summary of all the recorded instruments and proceedings that ... | |
| Abstract Update | Taking a current but old abstract of title and updating ... | |
| Abut | Adjoining ... | |
| Accelerated Amortization | Paying more than the minimum principle due on a loan ... | |
| Accelerated cost recovery system | Commonly referred to as ACRS (prounounced "acres"), a method of ... | |
| Accelerated depreciation | A bookeeping method that allows an owner to deduct a ... | |
| Acceleration clause | The section of a mortgage document that allows the lender ... | |
| Acceptance | A property seller’s formal, written approval of a buyer’s offer. ... | |
| Accession | Additions to a property as a result of annexing fixtures ... | |
| Acquisition indebtedness | A loan to buy your house or any loan you ... | |
| Acre | 43,560 square feet. A plot of land 180 by 242 ... | |
| Acre foot | The water or other material needed to cover an acre ... | |
| Actual age | The years since a structure was built. Differs from effective ... | |
| Ad valorem tax | A tax based according to item value only, usually property ... | |
| Add on interest | Interest that is computed at the beginning of the loan, ... | |
| Addendum | A change made to a contract ... | |
| Additional principal payment | Extra money included with a loan payment to pay off ... | |