Albany Times Union (Sunday)

Jargon, decoded

A guide to terms commonly used in real estate deals

- By Mallory Moench

Escrow. Contingenc­y. Dual agency. For first-time homebuyers, purchasing a home can be a complicate­d maze made even more perplexing by real estate jargon. If you’re thinking about purchasing a home or already in the process, here are some of the most commonly misunderst­ood or confusing terms, decoded by a handful of the region’s top realty pros.

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