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Real Estate Glossary

Listed below are a glossary of real estate terms in alphabetical order that you may find usefull when considering a real estate transaction.

Underwriting: The process of evaluating a mortgage loan applicant's credit, collateral value and the risks in making a loan.

Uniform Building Code: A national building code published by the International Conference of Building Officials. It has been adopted in part by municipalities throughout the United States, but used mostly in the western states.

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