Real estate terms and definitions acceleration clause also known as an acceleration covenant this is a contract provision requiring the borrower to repay all of their outstanding loan to a lender if certain requirements outlined by the lender arent met. A real estate agent is a professional with a real estate license who works under a broker and assists both buyers and sellers in the home buying process 26 real estate broker a real estate broker is a real estate agent who has passed a state brokers exam and met a minimum number of transactions. Barrons dictionary of real estate terms includes more than 3000 terms and definitions to help you feel comfortable using modern real estate language this guide is a quick reference for home buyers and sellers real estate professionals business students investors or attorneys. Welcome to the online dictionary for the real estate industry containing over 1400 terms and definitions online since 2004 popular searches definition of accretion definition of commingling definition of executed contract definition of leasehold interest definition of agency by ratification definition of material defect definition of sales concession