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Real Estate & Mortgage Glossary

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Landscape
Landscape architect
Landscape designer
Landscape contractor
Late charge
Late payment
Latent defect
Lead
Lease
Leasehold estate
Lease option
Lender
Legal blemish
Legal description
Letter of intent
Leverage
Liabilities
Liability insurance
Lien
Life cap
Life-cycle cost analysis
Limited partnership
Lintel
Liquid assets
Liquidated damages
Listing
Listing inventories
Live-in partnership
Live-work space
Load-bearing wall
Loan application
Loan application fee
Loan commitment
Loan officer
Loan origination fee
Loan processing fee
Loan term
Loan -to-value ratio
Lock-in
Loft
Log cabin
Low-ball offer
Low density
Low-documentation loan
Low-down-payment loan

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