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Real Estate Terms - V

Listings

Variable Interest Rate

A fluctuating interest rate that can go up or down depending on the market rate.

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Vendee

A purchaser or buyer.

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Vested

Bestowed upon someone or secured by someone, as with title to property.

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Voluntary Lien

A lien such as a mortgage, that attaches with the consent of the owner, as opposed to an involuntary lien (for example, taxes).

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