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Bail bond lien
Bail bond lien A real estate owner who is charged with a crime for which he or she must face trial, and may post bail in the form of real estate rather than cash.
RELATED TERMS--------------------------------------
Estate
The ownership interest of a person in real property, also used to refer to a deceased person's property.
SIMILAR TERMS--------------------------------------
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Back-end ratio
The ratio of monthly housing costs (PITI) plus long-term debt service to total monthly income.
Backlighting
Illumination coming from a source behind or at the side of an object.
Back-to-back escrow
A closing that is set up so that one party can finalize the purchase of one property and the sale of another at the same time.
Backup offer
An offer to buy, submitted to a seller, with the understanding that the seller has already accepted a prior offer; a secondary offer.
Backwater valve
A valve in a sewer line that prevents sewage from flowing back into a house.
Bail bond lien
Balance
The appraisal principle that states that the greatest value in a property will occur when the type and size of the improvements are proportional to each other as well as the land.
Balance sheet
A report of financial condition, including assets, liabilities and net worth.
Balanced trust
A "combination trust" is referred to as a "balanced trust" in California.
Balcony
A part of the building usually enclosed by a railing or balustrade that projects from either an inside or outside wall of a building.
Balloon loan
Mortgage in which the remaining principal balance becomes fully due and payable at a predetermined time.
This dictionary contains 6433 terms. |
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