Mens Rea

Science / Psychiatry / Mens Rea: guilty state of mind at the time of a criminal act

Real Estate Owned (REO)

Business / Real Estate / Real Estate Owned (REO): A term used by lenders to refer to properties acquired through foreclosure. MORE

Real Estate Recovery Fund

Business / Real Estate / Real Estate Recovery Fund: A fund established in some states from real estate license revenues to cover claims of aggrieved parties who have suffered monetary damage through the actions of a real estate licensee. MORE

Real Estate Settlement Procedures Act (RESPA)

Business / Real Estate / Real Estate Settlement Procedures Act (RESPA): A federal law, enacted in 1974 and later revised, that ensures that the buyer and seller in a real estate transaction have knowledge of all settlement costs when the purchase of a one-to-four-family r MORE

Real Estate Mortgage Investment Conduit (REMIC)

Business / Finance / Real Estate Mortgage Investment Conduit (REMIC): A pass-through tax entity that can hold mortgages secured by any type of real property and can issue multiple classes of ownership interests to investors in the form of pass-through certificates, bond MORE

Real Estate License Law

Business / Real Estate / Real Estate License Law: State law enacted to protect the public from fraud, dishonesty and incompetence in the purchase and sale of real estate. MORE

Real Estate Educators Association (REEA)

Business / Real Estate / Real Estate Educators Association (REEA): A professional organization established by and for real estate educators, including individuals and institutions. REEA is international in scope and represents every aspect of real estate education wh MORE

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