Real+estate
41Real estate lawyer — Real estate lawyers represent the interest of buyers, rentals, or sellers of real estate that is, of immovable property. Real estate law is simply the documentation of buying and selling properties whether commercial or residential. Real estate… …
42real estate investment — ➔ investment * * * real estate investment UK US noun [C or U] (US ► PROPERTY, FINANCE investment in land and buildings, or a single investment in land and buildings: »There are plenty of good opportunities for real estate investment in the city.… …
43Real Estate Mortgage Investment Conduit — Real Estate Mortgage Investment Conduits, or REMICs, are a type of special purpose vehicle used for the pooling of mortgage loans and issuance of mortgage backed securities. They are defined under the United States Internal Revenue Code (Tax… …
44real estate agent — A foot soldier of the real estate business who shows houses and does most of the other nitty gritty tasks associated with selling real estate. An agent must have a state license and be supervised by a real estate broker. Most agents are… …
45real estate tax — ➔ tax1 * * * real estate tax UK US noun [C or U] (US ► PROPERTY, TAX a tax that is based on the value of buildings or land: »A constitutional amendment would allow localities to grant a limited exemption from real estate taxes. »real estate tax… …
46real estate company — UK US noun [C] US (UK property company) ► PROPERTY, COMMERCE a company that buys, sells, and rents properties: »In recent years, shares of real estate companies have returned an average of 33%. run/own/manage a real estate company »They run a… …
47real estate investment trust — ( REIT) A trust used to hold ownership of real property for investors. The trust structure is used to benefit from tax code provisions. American Banker Glossary * * * real estate investment trust real estate investment trust ➔ REIT * * * real… …
48real estate agency — ➔ agency * * * real estate agency UK US noun [C] US (UK estate agency) ► PROPERTY, COMMERCE a business that arranges the selling, renting, or management of homes, land, and buildings for their owners: »She is managing broker at a local real… …
49real estate mortgage investment conduit — real estate mortgage investment con·duit / kän ˌdü ət, ˌdyü / n: remic Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. real …
50real estate mortgage investment conduit — ( REMIC) The name of a type of mortgage backed pass through security. REMICs can take many forms. REMICs are typically multiclass securities. Unlike simple, non REMIC CMOs, REMICs can separate mortgage pools into different risk classes as well as …
