Earnest MoneyA sum of money that a buyer pays to the seller at the time of entering a contract. Its primary purpose is to make sure that the buyer(...)
EasementA nonpossessory right to use and/or enter onto the real property of another without possessing it.
Effective YearThe year in which an existing structure was remodeled through demolition and/or construction.
Electronic Environmental ControlsEnvironmental Control Systems can enable you to operate everyday domestic appliances and mechanisms by remote control. Mechanisms that(...)
Eminent DomainThe power of a state, provincial, or national government to take private property for public use. Also known as Condemnation.
EncroachmentEncroachment is a situation in real estate where a property owner violates the property rights of his neighbor by building on or(...)
EncryptionEncryption is a method of data security that encodes information stored or transmitted from one computer or device to another in a way(...)
EndorsementsAn insurance endorsement is an amendment or addition to an existing insurancecontract which changes the terms or scope of the(...)
ENERGY STAR Certified HomesENERGY STAR certified homes and apartments are at least 10% more efficient than homes built to code and achieve a 20% improvement on(...)
ENERGY STAR Qualified Doorsa program which provides certification to buildings and consumer products which meet certain standards of energy efficiency.
ENERGY STAR Qualified EquipmentEnergy Star (trademarked ENERGY STAR) is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy(...)
EnerPHitis the standard issued by the Passivhaus Institute that focuses on retrofit projects. Significant Energy and CO2 savings of between 75(...)
Engineered SepticAn engineered septic system is often used in cases where a conventional septic system cannot be installed.
Engineering PlanPlans and specifications for the work to be constructed, including such maps, profiles, plans and other data as may be necessary to(...)
EquifaxEquifax is a credit bureau. Equifax tracks the credit history of borrowers in order to generate credit reports and credit scores. It(...)
EquityEquity describes the value of an asset after subtracting the value of any liabilities on the asset. Commonly used to describe the(...)
EscrowFinancial instruments held by a neutral third party on behalf of two parties who are engaged in a financial transaction. An escrow(...)
Escrow CompanyCommonly used in real estate transactions, an escrow company holds money and documents between parties. As a neutral third party, the(...)
EthereumEthereum is a distributed computing platform built on blockchain technology. One way to think of it is as a “world computer” in which(...)
Excellent Credit ScoreA credit score is a number that is based on a statistical analysis performed by lenders and financial institutions that indicates a(...)
Exclusive ListingExclusive listing is when a property owner enters into a legal agreement with a brokerage and its designated agent to market the sale(...)
Executor's DeedAn executor's deed is used to transfer real property from the estate of a deceased person to an heir pursuant to the terms of a will.(...)
Exhaust FanExhaust fans pull odors, fumes, and moisture from an area of the home, venting them outdoors for removal.
ExperianExperian is one of the major credit reporting agencies. A publicly listed, international corporation, Experian collects financial(...)
