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Institute of Real Estate Management (IREM)
Institute of Real Estate Management (IREM) A national organization concerned with professional management of real estate. The professional designation conferred by IREM is ARM, Accredited Resident Manager.
RELATED TERMS--------------------------------------
Management
Refers to the amount of personal or hired time, it takes to run the investment.
Estate
The ownership interest of a person in real property, also used to refer to a deceased person's property.
ARM
Adjustable Rate Mortgage is a mortgage loan subject to changes in interest rates.
SIMILAR TERMS--------------------------------------
Installment contract
A contract for the sale of real estate whereby the purchase price is paid in periodic installments by the purchaser, who is in possession of the property even though title is retained by the seller until a future date, which may not be until final payment.
Installment note
A promissory note with payments of principal and interest made at designated intervals.
Installment Sale
A tax term used to describe a sale which is usually accomplished by use of a land contract.
Institutional lenders
Savings and loan associations, banks, life insurance companies and mutual savings banks.
Institutional-grade property
Various types of real estate properties generally owned or financed by tax-exempt institutional investors. Core investments typically include office, retail, industrial and apartments.
Instrument
A written legal document created to secure the rights of the parties participating in the agreement.
PREVIOUS AND NEXT TERMS--------------------------------------
Inspection
An examination of a property by the buyer, agent, title insurance company, or other interested party.
Inspection report
The documentation of a thorough examination of a house's visible structural parts and systems, conducted before purchase.
Installment contract
A contract for the sale of real estate whereby the purchase price is paid in periodic installments by the purchaser, who is in possession of the property even though title is retained by the seller until a future date, which may not be until final payment.
Installment note
A promissory note with payments of principal and interest made at designated intervals.
Installment Sale
A tax term used to describe a sale which is usually accomplished by use of a land contract.
Institute of Real Estate Management (IREM)
Institutional lenders
Savings and loan associations, banks, life insurance companies and mutual savings banks.
Institutional-grade property
Various types of real estate properties generally owned or financed by tax-exempt institutional investors. Core investments typically include office, retail, industrial and apartments.
Instrument
A written legal document created to secure the rights of the parties participating in the agreement.
Insulation
Materials including cellulose, glass fiber, rock wool, polystyrene, urethane foam and vermiculite that slow heat loss.
Insurable title
Title that a title insurance company is willing to insure.
This dictionary contains 6433 terms. |
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