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Corrosive
Corrosive
A substance that eats or wears away materials gradually by chemical action.
SIMILAR TERMS--------------------------------------
Correct zoning (in a lease)
Specifies that the zoning allows the tenant's use.
Correction lines
Provisions in the rectangular survey (government survey) system made to compensate for the curvature of the earth's surface.
Corrective work
Repairs or maintenance that a buyer requests be done on a house before closing.
Correlative water rights
A modern law in some states that holds that a riparian owner who has rights in a common water source is entitled to take only a reasonable amount of the total supply for the beneficial use of land (such as irragation).
Correspondent
A mortgage banker.
Corrientes property
Property in Corrientes, Argentina. Apartments, flats, houses, offices and other property in Corrientes.
Corrosion
The dissolving and wearing away of metal caused by a chemical reaction such as between water and the lead pipes or solder in a home's plumbing.
PREVIOUS AND NEXT TERMS--------------------------------------
Correction lines
Provisions in the rectangular survey (government survey) system made to compensate for the curvature of the earth's surface.
Corrective work
Repairs or maintenance that a buyer requests be done on a house before closing.
Correlative water rights
A modern law in some states that holds that a riparian owner who has rights in a common water source is entitled to take only a reasonable amount of the total supply for the beneficial use of land (such as irragation).
Correspondent
A mortgage banker.
Corrosion
The dissolving and wearing away of metal caused by a chemical reaction such as between water and the lead pipes or solder in a home's plumbing.
Corrosive
Co-signers
Additional signers of a financial agreement that add their personal guarantees to that of the borrower.
Cost approach
The process of estimating the value of a property by adding to the estimated land value.
Cost basis
Accounting figure that includes original cost of property plus certain expenses to purchase, money spent on permanent improvements and other costs, minus any depreciation claimed on tax returns over the years.
Cost of deposit index (CODI)
The Cost of Deposit Index (CODI) is one of several indexes commonly used to set the adjustment amount of an adjustable rate mortgage (ARM).
Cost of funds index (COFI)
One of the indexes that is used to determine interest rate changes for certain adjustable-rate mortgages. It represents the weighted-average cost of savings, borrowings, and advances of the financial institutions such as banks and savings and loans, in the 11th District of the Federal Home Loan Bank.
This dictionary contains 6433 terms. |
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