The Real Estate
Encyclopedia: F-J

Dictionary

A - E

F - J

K - O

P - T

U - Z

FHA

In real estate finance, F.H.A. refers to the Federal Housing Administration, a federal agency that insures mortgage loans made by approved private lenders. The FHA helps reduce lender risk by providing insurance in the event of borrower default. FHA insured loans are...

Fee Simple Estate

In real estate law, a Fee Simple Estate is almost the most complete form of ownership in real property, second only to Fee Simple Absolute. Fee simple absolute gives the owner unrestricted rights to use, occupy, sell, lease, or otherwise dispose of the property,...

Fee Simple Defeasible

In real estate law, a Fee Simple Defeasible is an ownership interest in property that is subject to a specified condition or event. Although the owner holds a fee estate with many of the rights of fee simple ownership, the estate may be terminated if the stated...

Fee

In real estate law, a Fee refers to an estate of inheritance in real property. It represents an ownership interest that may be passed on to the owner’s heirs upon death. The most common form of a fee estate is fee simple, which provides the broadest ownership rights,...

Federal Reserve System

In real estate and finance, the Federal Reserve System is the central banking system of the United States, governed by the Federal Reserve Board of Governors. It consists of a central authority and twelve regional Federal Reserve Banks that serve different geographic...

Federal National Mortgage Association

In real estate finance, the Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a government sponsored enterprise that operates as a privately owned corporation. It was originally established as a quasi public agency and later converted to...

Federal Housing Administration

In real estate finance, the Federal Housing Administration (FHA) is an agency of the federal government that insures mortgage loans made by approved private lenders. The FHA does not lend money directly to borrowers but provides insurance that protects lenders against...

Federal Home Loan Mortgage Corporation

In real estate finance, the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, is a government sponsored enterprise that operates as an independent, publicly traded company. Its primary function is to create liquidity in the housing market by...

Federal Deposit Insurance Corporation (FDIC)

In real estate and finance, the Federal Deposit Insurance Corporation (FDIC) is an agency of the federal government that insures deposits held at participating financial institutions. This includes commercial banks, savings banks, and savings and loan associations....

Farmers Home Administration

In real estate and lending, the Farmers Home Administration was an agency of the United States Department of Agriculture created to provide financial assistance to farmers and residents of rural areas. Its primary purpose was to offer loans and guarantees when...

Guaranteed Maximum Price (GMP)

Form-Based Code

Key Lot