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Crawl space
Crawl space 1) The space between the ground and the first floor, often found in homes with no basement. 2) The space found between the top floor and the roof, often found in the place of an attic.
RELATED TERMS--------------------------------------
Floor
The minimum rate possible on a variable-rate loan or line of credit, after any initial introductory rate period.
Basement
The area of a home below ground level.
SIMILAR TERMS--------------------------------------
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Covenants
Agreements written into deeds and other instruments stating performance or non-performance of certain acts or noting certain uses or non-uses of property.
Covenants that run with the land
Convenants that become part of the property rights and benefit or bind successive owners of the property.
Covenants, conditions and restrictions (CC and Rs)
Written rules and restrictions on the use of property, agreed to by a homeowners association of condominium board, that are filed with a county recorder's office and are legally enforceable.
CPI and Market Rent Escalation (in a lease)
Consumer Price Index or other basis for how additional rent will be calculated.
Craftsman style
An architectural style that evolved as part of the Arts and Craft movement near the turn of the century.
Crawl space
Creative financing
Structuring the financing of a real estate transaction based on the cash positions of the buyer and seller.
Credit
An agreement in which a borrower receives something of value in exchange for a promise to repay the lender at a later date.
Credit averse
When a borrower has a poor credit history, has previously been declared bankrupt or has outstanding County Court Judgements, they are often described as credit averse.
Credit bureau
A company that collects and sells information about how people handle credit. It issues credit reports that list how individuals manage their debts and make payments, how much untapped credit they have available and whether they have applied for any loans.
Credit bureau score
A number representing the possibility a borrower may default; it is based upon credit history and is used to determine ability to qualify for a mortgage loan.
This dictionary contains 6433 terms. |
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