Real Estate Glossary U

Click on the beginning letter of the real estate term to find the definition.

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

Undivided Interest: Ownership of real estate by joint tenants or tenants in common under the same title.

Uniform Commercial Code(UCC): Standardized set of guidelines protected by law that set down how business transactions must be conducted.

Unseasoned: A lease or note that has had few, if any, payments made.

Unsecured: Without security.

Usury: The charging of more interest than is allowed by law. Check your states usury laws.