Glossary Of Real Estate Terms

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EIK:
The abbreviation for an Eat-In-Kitchen.
 
Escrow:
The procedure of placing money in an account where neither buyer nor seller can access the money without the consent of an escrow agent.
 
Exclusive Listing:
An exclusive listing is a listing promoted by a single broker for whom they has been hired by an owner to market the apartment. Under the terms of an exclusive, the broker has the responsibility to market the property to other brokers.