Realty and Mortgage Terms and Definitions
 
 
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Realty and Mortgage Terms and Definitions

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

V

VA Loan - A mortgage for veterans and service persons.  The loan is guaranteed by the Department of Veterans Affairs (VA) and requires low or no down payment.

Vacancy Rate - The percentage of all units or space that is not leased, not rented or is unoccupied.

Vacant Land - Land that is not currently being used.

Vacate - To move out of a premises.

Vacation home - Valid

Vested - Having the right or privilege to use a portion of a fund, such as an individual retirement account (IRA).