Glossary of Real Estate Terms - Terms

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Tap fees

Tax deduction

Tax lien

Tax sale

Tax shelter

Tear-down condition

Teaser rate

Tenancy by the entirety

Tenants in common

Terrace

The 72-hour clause

Third-party origination

Timeshare

Title

Title company

Title insurance

Title risk

Title search

Top producer

Top soil

Total expense ratio

Townhouse

Tract home

Trade equity

Trading down

Trading up

Transfer of ownership

Transfer tax

Transom

Trans-Union

Tray ceiling

Treasury bills

Treasury index

Trellis

Trim work

Truss

Trust account

Trustee

Truth-in-Lending Act

Tuck-point

Two-step mortgage

Two- to four-family property