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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

A contingency might be the buyer selling their current house, requiring certain repairs to be made, or obtaining a clean termite inspection. And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. ” A. Sure, deals can fall apart. What About ARMs? Adjustment date.