Real Estate Glossary

A person to whom a gift is made.

A person who makes a gift.

The legal rights that a widow possesses to her husband's estate.

Designates a broker's unethical acting for both buyer and seller in the same transaction without the consent or knowledge of both parties.

The clause which allows the mortgagee the option of calling the mortgage's unpaid balance immediately due if the mortgagor sells or otherwise alienates the mortgage property. Also called the alienation clause. DURESS - Unlawful constraint or action against a person forcing him to perform some act against his will.