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E
Earnest Deposit
Deposit towards the purchase of a real estate by a buyer to
demonstrate that they are serious about wanting to complete the
purchase
Encumbrance
Anything that affects or limits a title of the property such as
mortgages, leases or restrictions
Escrow
Legal arrangement in which an asset is delivered to a third
party to be held in trust pending a contingency or the fulfillment
of a condition or conditions in a contract such as payment of a
purchase price
Ethics
A code of professional standards, containing aspects of
fairness and duty to the
real estate profession.
Exclusive Marketing Agency
One agent or agency has the exclusive
rights to sell a property.
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