Home Buying Resources

Glossary of Terms

We have compiled a list of the most common real estate terms and definitions to assist you in your search for a home. Whether you are a buyer or seller of real estate, it is easy to get confused by the language used in real estate transactions. With our comprehensive real estate glossary, you can easily navigate through the complicated world of buying and selling a home.

 

Click in the letter below to see the glossary

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K


kick-out clause
A clause in a sales contract that allows a seller to accept one buyer's contingent offer, then back out without penalty if a second buyer makes a better offer.
kit home
Structure containing prefabricated parts, which is assembled by a contractor.