New York Real Estate Glossary D
(Demand Loan - Duplex)
A1 | A2
| A3 | A4 | B1 | B2 | B3
| C1 | C2 | C3
| D1 | D2 | E1
| E2 | F1 | F2
| F3 |
G1 | G2 | H1
| H2 | I1 | I2
| J | K | L1
| L2 | L3 | M1
| M2 | M3 | N
| O1 | O2
| P1 | P2 | Q
| R1 | R2 | S1
| S2 | T1 | T2
| U | V1 | V2
| W1 | W2 | X
| Y | Z
Loan with no established maturity period, which is callable on the demand
of the lender, for repayment. The interest is calculated on a daily
basis and paid periodically.
Transfer of an estate by bequest or contract for a stated time period
or life. Alternately, the making of a charter or lease for a specified
Money given, along with an offer to purchase property or as security
for the performance of some contract. Also called earnest money it is
intended to show willingness to follow through with the purchase agreement.
Creator of property improvements by building homes, shopping centers
or commercial buildings for a profit on a specific area of land. A developer
will organize and plan the development, supervise its construction and
manage all the business elements of the project.
Financial interest a developer has in a project.
The system of gutter and drainpipes used to carry water away from the
foundation of a home.
Representation of both parties by the same real estate agent or broker.
Structure consisting of two separate family units, under the same roof.