To take back property. A lender holding a mortgage may repossess a property if the buyer fails to make payments. …
Resale Value
A property's future value, which can be affected by many factors including the surrounding neighborhood, school district scores, and economic and housing market conditions. …
Rescission
The cancellation of a contract by law or consent from the parties involved. …
Reserve Fund
Money set aside by a homeowners' association for major repairs or improvements. …
Resilient Channel
A channel run across wall studs underneath wallboard to reduce sound transmission. …
Restriction
Any limitation on the use of property. …