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D

Days on Market (DOM)	Number of days between the time a house is put on the market and the date of a firm sale contract.
Debt Service	The amount of principal and interest repayments made under a mortgage on a periodic basis. If payments are equal they are "constant payments", if amounts vary they are known as "variable payments".
Deed	Formal written document transferring title to real estate; a new deed is used for each transfer.
Deed of Trust	Document by which title to property is held by a neutral third party until a debt is paid
Deed Restriction	(restrictive covenant) Provision placed in a deed to control the use and occupancy of the property by future owners.
Default	Failure to make mortgage payment.
Deferred Maintenance	Needed repairs that have been put off.
Deficiency Judgment	Personal claim against the debtor, when foreclosed property does not yield enough at sale to pay off loans against it.
Delivery	Legal transfer of a deed to the new property owner, the moment at which transfer of title occurs.
Demand Note	Payment is made on demand, usually within a few days notice to the borrower.
Deposit	A sum of money (in the form of cash) required to be paid with an offer to purchase as a symbol of the purchaser's commitment. If the offer is accepted, the deposit is applied to the down payment. If the offer is later turned down by the buyer, the deposit may or may not be returned.
Depreciation	Decrease in value of property because of deterioration or obsolescence; sometimes, an artificial bookkeeping concept valuable as a tax shelter
Discharge of Mortgage	A document executed by the mortgagee, and given to the mortgagor when a mortgage loan has been repaid in full before, at, or after the maturity date.
Deposit	A sum of money (in the form of cash) required to be paid with an offer to purchase as a symbol of the purchaser's commitment. If the offer is accepted, the deposit is applied to the down payment. If the offer is later turned down by the buyer, the deposit may or may not be returned.