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Real Estate Glossary L

Real Estate Glossary L contains words that start with the letter L.

Legal Description

Explanation of a legal description, and why a legal description is necessary to describe a property or piece of real estate.

Liquidated Damages - Definition of Liquidated Damages

Definition of liquidated damages as it pertains to a real estate purchase contract.

Loan Condition - What is Mortgage Loan Condition?

Loan condition as it pertains to real estate and a residential real estate mortgage loan.

Low-Ball Offer

Definition of Low-Ball Offer

Lookie Loo

Definition of Lookie Loo

Loan cap

Definition of loan cap

Loan Lock

Definition of a loan lock

Loan Margin

Definition of loan margin

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