Wednesday Real Estate Words

Real Estate Agent with Samson Properties 0225 093857


Here are 5 real estate words to increase your vocabulary. 

1- C.L.U.E.

A C.L.U.E report is a comprehensive Loss Underwriting Exchange. It is a file that is compiled on you by the insurance industry. 

2- Commingling

Commingling is to mix funds held in trust with other funds. Example a builder or broker hold funds in trust ( should be deposited into trust account) instead the money is deposited in to a general account. 

3- Slant Drilling

Slant drilling is a method of drilling fo oil or gas in an ajoining property when property rights have not been granted.


GNMA (Ginnie Mae) Goverment National Mortgage Assoication. A federal association working with F.H.A. , which offers special assistance in obtaining mortgages and purchase mortgages.

5- Abstract of Titile

Abstract of title is a compilation of the recorded documents relating to a parcel of land, from which an attorney may give an opionion as to the condition of the title. 

Posted By: 

Susan Jacobs

Real Estate Collaboration Specialist-Divorce

Samson Properties




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