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Decedent
Decedent
A deceased person, especially one who has died recently.
SIMILAR TERMS--------------------------------------
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Debt ratio
The relationship between a person's long term debt payments and their monthly income.
Debt service
The total amount of the load payment, including principal and interest.
Debt service coverage ratio (DSCR)
The annual net operating income from a property divided by annual cost of debt service. A DSCR below 1 means the property is generating insufficient cash flow to cover debt payments.
Debtor
One who owes money; a borrower, a maker of a note; a mortgagor.
Debt to income ratio
A comparison of gross income to housing and non-housing expenses.
Decedent
Deck
A roofless, floored area that adjoins a house.
Declaration of condominium
The declaration includes: 1) A legal description of the condominium units and the common elements. 2) A copy of the condominium's bylaws, drafted to govern the operation of the owners' association. 3) A survey of the property. 4) An architect's drawings, illustrating both the vertical and horizontal boundaries of each unit. 5) Any restrictive covenants controlling the rights of ownership.
Declaration of restrictions
A set of restrictions filed by a sub divider to cover an entire tract or subdivision.
Declaratory relief action
An action to have a court determine the rights of parties before a violation of rights has occurred.
Declining-balance method
An accounting method of depreciation for income-tax purposes designed to provide larger-than-straight-line deductions in the early years of a property's life, and applicable to property placed in service before 1981.
This dictionary contains 6433 terms. |
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