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Real Estate And Search Engine Optimization Glossary

Release
An instrument releasing property from the lien of the mortgage, judgment, etc.

Relevance
The likelihood that a given web page will be of interest or useful to a search engine user for a keyword search.

Remaining Balance
The amount of principal, interest and other costs that has not yet been repaid.

Remaining Terms 
The amount of time remaining on the original amortization schedule.

Remodel  
An activity designed to improve the value or desirability of a property through rebuilding, refurbishing, redecorating or adding on to it.

Render
Format and stylize HTML source code into the final format for the visitor's screen. For example, text within tags will be made bold.

Repayment Plan
A plan to repay delinquent payments, agreed upon between a lender and borrower, in an effort to avoid foreclosure.

Replacement Reserve Fund
An account, or fund, setup for the replacement of short life items , such as carpeting, in the common areas of a cooperative property.

Replica
A copy of a dynamic web site or a group of web pages from a dynamic site, saved as static HTML files.

Renewal
At the end of a mortgage term, the mortgage may "roll over" on new terms and conditions acceptable to both the lender and the borrower. This is known as renewing a mortgage. Otherwise, the lender is entitled to be repaid in full. In this case, the borrower may seek alternative financing.

 

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