Real Estate Terms Glossary
What is a Debt?
We can define debt as an amount of money that you borrow and have to repay. Note that debt, such as auto loans, can help or hurt your financial life. This mainly depends on the amount of debt that you take on as well as what you use the money for.
Keep in mind that individuals and organizations go into debt when they buy goods or make purchases on credit or when they take out loans. Learn about what’s included in a mortgage note .
Examples of Debt
- Example 1: Individual debt, such as credit card loans
- Example 2: Business debts
Here’s Investopedia’s definition of a debt.
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August 14, 2026
Hunter M.
Before law school I built the contract management system for a publicly traded medical device company — so I read your agreement the way the people who have to live with it will, not just the way a court would. I draft and review business contracts on a fixed fee, with the delivery date agreed before I start. You get the redlined document plus a short written summary of what I changed, why it matters, and what I'd push back on if the other side objects. Revisions are included — I'd rather get the document right than count rounds. NDAs, MSAs and SOWs, contractor and employment agreements, SaaS terms, terms of service and privacy policies, operating agreements, vendor and construction contracts, and full contract review with a plain-English risk summary. Send me the document and what you're trying to accomplish with it, and I'll come back with a fixed fee and a date.
August 19, 2026
Kenneth B.
A corporate and real estate attorney with 35+ years experience with an emphasis on real estate, finance, commercial contracts, commercial and residential purchase and sale contracts, title insurance, commercial leasing, business contracts and employment contracts.
August 19, 2026
Liliana O.
Liliana O’Shea founded and leads Escorcia Law, P.C., a corporate generalist firm focused on transactional matters for businesses across industries. She works with organizations of varying sizes — from small and mid-size businesses to larger corporations — advising on a broad range of corporate and regulatory matters, industry-agnostic in her approach. A Spanish-speaking immigrant from Barranquilla, Colombia, she completed her undergraduate studies at the University of Colorado and earned her law degree from The John Marshall Law School in Chicago in 2011. Her clients note her focus on asking key questions early in a matter to build the right strategy for each engagement. She lives in Chicago with her husband and young daughters.
August 25, 2026
Joshua C.
I am a Washington, D.C. attorney and business advisor focused on contracts, employment matters, and practical legal solutions for businesses, entrepreneurs, and professionals. I draft, review, and negotiate commercial agreements, including service and consulting agreements, independent contractor agreements, NDAs, employment and separation agreements, vendor contracts, and other business arrangements. My background in law and senior HR leadership allows me to evaluate both legal risk and real-world business considerations. I provide clear, responsive counsel designed to protect clients’ interests while helping them move business decisions forward efficiently.
Fema B.
Fema Birch, Esq. | Birch & Associates PC Fema Birch is the founder of Birch & Associates PC, a law firm providing practical, business-focused legal counsel to individuals, entrepreneurs, and companies. His practice focuses on contract drafting and negotiation, business transactions, corporate matters, commercial disputes, and general outside counsel services. Fema works with clients throughout the lifecycle of a business relationship—from structuring an agreement and identifying potential risks at the outset to resolving disputes when contractual relationships break down. His experience includes drafting, reviewing, and negotiating service agreements, independent contractor agreements, employment-related agreements, vendor and consulting contracts, settlement and release agreements, confidentiality and non-disclosure agreements, commercial leases, corporate agreements, and other business contracts. In addition to private practice, Fema’s experience as in-house counsel provides him with a practical understanding of how contracts operate after they are signed. He approaches agreements not simply as legal documents, but as tools for allocating risk, establishing clear expectations, protecting the client, and reducing the likelihood of expensive disputes. His broader experience includes corporate governance, regulatory and compliance matters, healthcare-related business issues, employment matters, commercial collections, dispute resolution, and litigation. This combination of transactional and litigation experience allows him to evaluate contracts with an eye toward both accomplishing the client’s immediate business objectives and anticipating how contractual provisions may ultimately be interpreted or enforced. Fema earned his Juris Doctor from New York Law School and is admitted to practice law in New York and Indiana. At Birch & Associates PC, the focus is straightforward: responsive communication, practical advice, transparent expectations, and legal work tailored to the client’s actual business needs rather than a one-size-fits-all approach.
August 28, 2026
Andrea C.
I'm a corporate attorney with nearly two decades of transactional experience, focused on high-volume, time-sensitive contract review and negotiation. Through my firm, Cunning Law, LLC, I review and negotiate confidentiality, standstill, and non-circumvent agreements and non-reliance letters for private equity, venture capital, real estate, and asset-management clients as part of the Ontra legal network.
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