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Glossary of Real Estate Terms

The language of real estate is like that of other industries. Some words and phrases may seem foreign, others are ones that you hear every day. Following is a glossary that hopefully will allow you to better understand the real estate transactions with which you are involved.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
  1. Ginnie Mae (GNMA)
  2. Grant
  3. Grantee
  4. Grantor

  1. Ginnie Mae (GNMA)

    Government National Mortgage Association. A federal association working with the FHA that offers special assistance in obtaining mortgages and purchases mortgages in the secondary market.

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  2. Grant

    To bestow or confer, with or without compensation, a gift such as land or money by one having control or authority over the gift.

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  3. Grantee

    One to whom a grant is made.

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  4. Grantor

    One who makes a grant.

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