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Real estate
High frequency Real Estate Words
| Term | Definition |
|---|---|
| Undisclosed | not revealed or made known publicly. |
| Encumbrances | a claim (such as a mortgage) against property |
| warranty deed | the grantor (seller) guarantees clear title to the property being sold |
| Equitable | dealing fairly and equally with all concerned |
| Inadequate | lacking what is required |
| Invalidation | the action of stopping a document, ticket, law, etc. from being legally or officially acceptable |
| valid | legally or officially acceptable |
| net income | total profit remaining AFTER subtracting all expenses, taxes, and interest from a company's total revenue |
| gross income | the total amount of money earned or received from all sources BEFORE any taxes, deductions, or payroll contributions are taken out |