Decree of Foreclosure
- Final determination by the Court ordering the sale of mortgaged property to the lender
Deed
- The legal document bestowing the title of ownership of a property
Defacto Possession
- The actual physical possession of a property handed over to the rightful owner
Default
- An act of breach wherein an buyer,seller or tenant violates the terms and conditions of the sale/purchase/rent agreement
Deposit
- A sum of money given to bind the sale of Real Estate or a sum of money given to ensure payment or an advance of funds in the processing of a loan
Depreciation
- A decline in the value of property brought about by deterioration in its economic value or physical obsolescence
Developer
- An entrepreneur who shows inclination towards the development of real estate and undertakes construction activities
Disbursement
- An amount issued towards the settlement of a debt usually a home loan
Duplex Apartment
- An apartment which consists of two storeys or levels under a single ownership