mortgage
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A pledge of a described property interest as collateral or security for the
repayment of a loan under certain terms and conditions."
discount points
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percentage of the loan amount that a lender charges a borrower for
making a loan
concurrent ownership
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tenancy in common, joint tenancy, tenancy by the entirety
iac
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Industry Advisory Council
cooperative ownership
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form of property ownership in which each unit owner holds stock in a
cooperative apartment building or housing corporation.
ethics
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relating to what is good or bad: having to do with moral duty and
obligation
USPAP may be
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amended, interpreted, supplemented, or retired only by the ASB.
tenancy in serveralty
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estate in propert held by one owner
1 furlong
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660 Feet, or 10 Chains
release
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, give up a right as releasing one
balloon mortgage
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one that is not fully amortized at maturity and thus requires a lump sum or
balloon payment of the outstanding balance
1 chain
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66 feet or 4 rods
easement
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the right to use land for a specific and limited purpose
rectangular survey system
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A pledge of a described property interest as collateral or security for the
repayment of a loan under certain terms and conditions."
discount points
,Give this one a try later!
percentage of the loan amount that a lender charges a borrower for
making a loan
concurrent ownership
Give this one a try later!
tenancy in common, joint tenancy, tenancy by the entirety
iac
Give this one a try later!
Industry Advisory Council
cooperative ownership
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form of property ownership in which each unit owner holds stock in a
cooperative apartment building or housing corporation.
ethics
,Give this one a try later!
relating to what is good or bad: having to do with moral duty and
obligation
USPAP may be
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amended, interpreted, supplemented, or retired only by the ASB.
tenancy in serveralty
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estate in propert held by one owner
1 furlong
Give this one a try later!
660 Feet, or 10 Chains
release
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, give up a right as releasing one
balloon mortgage
Give this one a try later!
one that is not fully amortized at maturity and thus requires a lump sum or
balloon payment of the outstanding balance
1 chain
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66 feet or 4 rods
easement
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the right to use land for a specific and limited purpose
rectangular survey system
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