Homes and Real Estate

This information is provided for reference only. Real estate laws are different in each state.
If in doubt about any real estate matter seek the advice of an attorney.

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VA The Veterans Administration, a federal agency which guarantees loans made to qualified veterans on approved property.

Var A measurement of length of 33 1/3 inches.

Variable Rate An interest rate that changes periodically in relation to an index. Payments may increase or decrease accordingly.

Vendee Purchaser.

Vendor Seller.

Void Having no legal force or effect; legally invalid.

Voidable A contract which appears valid and enforceable on the surface, but may be declared invalid by one of the parties, such as a contract entered into by a minor.

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Real Estate Glossary Index

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