Glossary of Real Estate Terms

There are 125 entries in this glossary.
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D

Term Definition
Debt

Debt means some amount of money which someone owes to another.

Debtor

The debtor is the person who owes the debt.

Deed

Deed is the legal document which conveys the title to a property.

Deed of trust

Deed of trust is the documents which are used in some states instead of a mortgage. Here the title is conveyed to a trustee.

Deed Restrictions

Deed Restrictions means limitation in the deed to a property which dictates certain uses which may be or may not be made of the property.

Depreciation

Depreciation is the opposite of appreciation. Depreciation means a decline in the value of property.

Dower

Dower is the rights of widow in the property of her husband after her husbands death.

Down payment

Down payment is the certain part of the purchase amount that the buyer pays in cash at the time of purchase. Here he needs not to mortgage anything.

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