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Realty and Mortgage Terms and Definitions
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). |
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All real estate advertising herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise any preference, limitation, or discrimination because of race, color, religion, gender, familial status, disability, marital status, age, national origin, or source of income as prohibited by fair housing laws or intention to make any such preference, limitation, or discrimination.