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  • See also: Real Estate Glossary

  • Legal Description

    The written description of a piece of land giving all pertinent information such as land lot, subdivision name, Block, parcel, acreage, etc. that comprises a legal and sufficient description of a particular property. For a real estate contract to be binding it must include an accurate legal description.

    See also:
  • Landlord
  • Late Charge
  • Lead Based Paint
  • Lease
  • Lease Purchase
  • Lease purchase option
  • Legal Description
  • Lessee
  • Lessor
  • Lien
  • Lifetime Cap
  • Lis Pendens
  • Listing Agent
  • Listing Agreement
  • Listing Broker
  • Listing Contract
  • Listing or Listing Agreement
  • Loan Application
  • Loan commitment
  • Loan Commitment
  • Loan Origination
  • Loan Originator
  • Loan to Value
  • Lock In
  •  
  • See also: Real Estate Glossary

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