 |
| Gregory Realty Company |
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
|
| Gregory Realty Co. |
| 325 West Gate Plaza |
| Franklin, NC 28734 |
| Office: 828-524-7121 |
| Fax: 828-524-7522 |
| Email |
|
|
|
| Real Estate Terms Glossary |
 |
| Type the Term you'd like to search for. |
|
| Or Search Alphabetically: |
|
|
|
|
| |
| U.S. Department. of Housing and Urban Development (HUD) |
|
| A federal agency that oversees the Federal Housing Administration and a variety of housing and community development programs. |
|
| Underlayment |
|
| A layer of wood between the subfloor and the floor. |
|
| Underwriting |
|
| The process that lenders go through to evaluate the risks posed by a particular borrower and to set appropriate conditions for the loan. |
|
| Undisclosed heir |
|
| A person who claims the right to a piece of property after the death of an owner without a will. |
|
| Undisclosed spouse |
|
| An unidentified marital partner who can claim the right to a piece of property. |
|
| Unrecorded deed |
|
| An unrecorded deed transfers ownership from one party to another without being officially recorded. |
|
| Unsecured loan |
|
| Any loan that is not backed by collateral. |
|
| Upgrades |
|
| Options than the standard carpeting, lighting, finish carpentry and other amenities offered to all buyers in a new-home project. |
|
| Upzoning |
|
| The process in which a property is zoned from a lower to a higher use. |
|
| Urban sprawl |
|
| The unplanned expansion of development over a large area. |
|
| Usury |
|
| A reference to illegally excessive interest charged on any loan. |
|
|
|
|
|
|
|