Real estate words is the largest online dictionary of real estate terms on the internet were proud to be the go to online resource for real estate as well as financial professionals our editors consistently update our vast database of real estate terms to always keep this amazing resource relevant and up to date. an addition or change in a legal contract. Glossary of real estate terms ad valorem a latin phrase meaning according to value that is usually used in reference to real estate taxation appraisal an estimate or opinion of value of a specific property as of a specific date resulting from an analysis of the facts about that property by a qualified impartial third party. Dictionary of real estate terms fifth edition jack p friedman phd cpa mai cre jack friedman associates dallas texas real estate consultant and author jack c harris phd research economist real estate research center texas am university j bruce lindeman phd professor of real estate university of arkansas at little rock bibliothek contents list of figures iv list of tables vii . Real estate glossary there is a lot of real estate terminology used during the home buying and selling process and century 21r is here to help you understand those terms we have created a glossary of the most commonly used real estate terms and their definitions in order to help you better understand terminology used along your home buying or