Home > Selling & Buying A Home > Real Estate Terms > Real Estate Terms - L > Page 2

Real Estate Terms - L

|< <

Lien

An encumbrance against real property for money, as in taxes, mortgages, and judgments.

Listing Last Modified: Fri Dec 21 2007

 


Views: 1

Life Estate

An estate in real property for the life of a person.

Listing Last Modified: Fri Dec 21 2007

 

Limited Partnership

A partnership of one or more general partners, who operate a business, along with one or more limited partners, who contribute capital. This arrangement restricts the limited partners' liability to the amount of money they contributed.

Listing Last Modified: Fri Dec 21 2007

 

Liquidate

Dispose of property or assets or settle debts.

Listing Last Modified: Fri Dec 21 2007

 


Views: 1

Liquidity

The degree to which an asset is readily convertible into cash.

Listing Last Modified: Fri Dec 21 2007

 

Listing

A contract between owner and broker to sell the owner's real property.

Listing Last Modified: Fri Dec 21 2007

 

Long-Term Capital Gain

The gain incurred on the sale of an asset held for at least six months.

Listing Last Modified: Fri Dec 21 2007

 


|< <