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Real Estate Terms - I

A trust account held for the purpose of paying taxes, insurance, and other periodic expenses incurred with real property.

Land that has been built upon

Buildings, roads, and utilities that have been added to raw (unimproved) land.

An increase in the supply of money, causing prices to rise.

A note that provides for regular monthly payments to be made on the date specified in the instrument.

Sale a property in which the seller accepts a note for part or all of the price.