Glossary - Terms - Return

	Landscape

	Landscape architect

	Landscape designer

	Landscape contractor

	Late charge

	Late payment

	Latent defect

	Lead

	Lease

	Leasehold estate

	Lease option

	Lender

	Legal blemish

	Legal description

	Letter of intent

	Leverage

	Liabilities

	Liability insurance

	Lien

	Life cap

	Life-cycle cost analysis

	Limited partnership

	Lintel

	Liquid assets

	Liquidated damages

	Listing

	Listing inventories

	Live-in partnership

	Live-work space

	Load-bearing wall

	Loan application

	Loan application fee

	Loan commitment

	Loan officer

	Loan origination fee

	Loan processing fee

	Loan term

	Loan -to-value ratio

	Lock-in

	Loft

	Log cabin

	Low-ball offer

	Low density

	Low-documentation loan

	Low-down-payment loan