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Foundation
Foundation
The support structure of a house.
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Foreign Investment in Real Property Tax Act (FIRPTA)
Enacted by the United States Congress in 1985, the act requires buyers to withhold estimated taxes equal to 10% of the sale price of a property sold or exchanged by a foreign person.
Forfeiture
Loss of property because of violation of law or contract.
Form appraisal report
Any of the relatively brief standard forms prepared by agencies such as the Federal Home Loan Mortgage Corporation and Federal National Mortgage Association and others for routine property appraisals.
Formaldehyde
A colorless, pungent, and irritating gas, used chiefly as a disinfectant and preservative and in synthesizing other compounds like resins.
Forward commitments
Contractual obligations to perform certain financing activities upon the satisfaction of any stated conditions.
Foundation
Four quadrants of the real estate capital markets
1) Private equity, direct real estate investments acquired privately. 2) Public equity, REITs and other publicly traded real estate operating companies. 3) Private debt, whole loan mortgages. 4) Public debt, commercial mortgage-backed securities and other securitized forms of whole loan mortgage interests
Four unities
Four "unities" are required to create a joint tenancy: unity of possession, unity of interest, unity of time and unity of title.
Four zero one 401(k) retirement plan
401(k) retirement plans allow an individual to contribute part of their "pre-tax" income to an investment account.
Foyer
The entrance hall to a home or building.
Fractional
Multiple week ownership at the same resort - two or more weeks of timeshare ownership for use in one calendar year.
This dictionary contains 6433 terms. |
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