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Welcome to the Real Estate License Professor's Real Estate Terms Glossary

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Random Real Estate License Terms


VERSUS
 
Against (abbreviated v. or vs.). Used in case names, with the plaintiff's name given first.
   
DEBT SERVICE
 
The sum of money needed each payment period to amortize the loan or loans.
   
AMELIORATING WASTE
 
Improvements to property that, while not damaging the value of the property, technically qualify as waste. For example, an apartment building constructed on property designated only for single-family structures is considered ameliorating waste.
   

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