Gentrification is a process where a neighborhood undergoes urban development, involving an influx of higher-income residents to an otherwise abandoned or rundown area. Gentrification is a controversial political and social topic.

A deed for which the consideration is love and affection and where there is no material consideration.

The gift of equity is when a family member sells you a property for below market value. This difference is considered an amount of equity. This equity can be used toward the down payment or to help pay off debt in order to qualify to buy the home.

The Government National Mortgage Association (commonly referred to as Ginnie Mae is a U.S. government corporation that guarantees the timely payment of principal and interest on mortgage-backed securities (MBSs) issued by approved Ginnie Mae lenders.

Graduated lease refers to an agreement under which a tenant and landlord agree to a periodic adjustment of monthly payments. This typically occurs when the market conditions increase and the landlord then needs to increase the price on the lease.

A technical term made use of in deed of conveyance of lands to import a transfer.

The purchaser: a person to whom a grant is made.

The seller of property: one who signs the deed.

The total area within the building, including common areas and areas used for other purposes such as parking or comfort rooms.

Total income from property before any expenses are deducted.