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Conveyance
Conveyance The transfer of the title to land from one to another.
RELATED TERMS--------------------------------------
Title 1) The rights of ownership and possession of particular property. 2) In real estate usage, title may refer to the instruments or documents by which a right of ownership is established (title documents), or it may refer to the ownership interest one has in the real estate.
Land The earth's surface, extending downward to the center of the earth and upward infinitely into space, including things permanently attached by nature, such as trees and water.
SIMILAR TERMS--------------------------------------
Conventional life estate A conventional life estate is created intentionally by the owner. It may be established either by deed at the time the ownership is transferred during the owner's life or by a provision of the owner's will after his or her death.
Conventional loan A private sector loan, one that is not guaranteed or insured by the U.S. government.
Conventional loan or conventional financing A mortgage that is not insured or guaranteed by a government agency such as the Federal Home Administration (FHA) or Veterans Administration (VA).
Conventional mortgage A mortgage loan not insured by HUD or guaranteed by the Veterans' Administration. It is subject to conditions established by the lending institution and State statutes.
Conversion The appropriation of property belonging to another.
Conversion clause A provision that may appear in an adjustable-rate loan agreement allowing the loan to be changed to a fixed-interest rate loan, usually for an additional charge.
Converted-use properties Factories, warehouses, office buildings, hotels, schools, churches and other structures that have been converted to residential use.
Convertible adjustable-rate mortgage A mortgage which starts as an adjustable-rate loan, but allows the borrower to convert the loan to a fixed-rate mortgage during a specified period of time.
Convertible arm An adjustable-rate mortgage that allows the borrower to change the ARM to a fixed-rate mortgage within a specific time.
Convertible debt A mortgage position that gives the lender the option to convert to a partial or full ownership position in a property within a specified time period
Convertible loan An adjustable-rate loan that the borrower can convert to fixed-rate at any time during the life of the loan.
Convertible mortgage An adjustable-rate home loan which the borrower has the option at specified times of changing into a fixed-rate loan.
Convertible preferred stock Preferred stock that is convertible to common stock under certain formulas and conditions specified by the issuer of the stock
Conveyance tax A tax on the transfer of real property.
Conveyancing The process of transferring legal ownership of a property from one party to another.
Conveyancing fee The fee charges to carry out conveyancing work.
PREVIOUS AND NEXT TERMS--------------------------------------
Convertible arm An adjustable-rate mortgage that allows the borrower to change the ARM to a fixed-rate mortgage within a specific time.
Convertible debt A mortgage position that gives the lender the option to convert to a partial or full ownership position in a property within a specified time period
Convertible loan An adjustable-rate loan that the borrower can convert to fixed-rate at any time during the life of the loan.
Convertible mortgage An adjustable-rate home loan which the borrower has the option at specified times of changing into a fixed-rate loan.
Convertible preferred stock Preferred stock that is convertible to common stock under certain formulas and conditions specified by the issuer of the stock
Conveyance
Conveyance tax A tax on the transfer of real property.
Conveyancing The process of transferring legal ownership of a property from one party to another.
Conveyancing fee The fee charges to carry out conveyancing work.
Co-op housing An apartment building or a group of dwellings owned by a corporation, the stockholders of which, are the residents of the dwellings.
Cooperating broker A broker who assists another broker in the sale of real property, usually the selling broker who found a buyer for the listing broker.
This dictionary contains 6433 terms. |
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