|
| | |
Full market value
Full market value In reference to property taxes, usually refers to the tax rate applied to 100 percent of the property's value.
RELATED TERMS--------------------------------------
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
Rate
Percentage a borrower pays for the use of money, usually expressed as an annual percentage.
Value
The measure of the monetary equivalent of a property. The four essential elements of value are utility, scarcity, demand and transferability.
SIMILAR TERMS--------------------------------------
Full disclosure
Revealing all known facts which may affect the decision of a buyer or tenant.
Full recourse
A loan on which an endorser or guarantor is liable in the event of default by the borrower
Full status
A full-status mortgage is available to those who have been successfully credit checked.
Full-service rent
An all-inclusive rental rate that includes operating expenses and real estate taxes for the first year. The tenant is generally still responsible for any increase in operating expenses over the base year amount.
Fullerton property
Property in Fullerton, USA. Apartments, flats, houses, offices and other property in Fullerton.
Fully amortized
Fully amortized mortgages are paid in equal monthly installments, which include interest and amortization of principal, paid over a period of years. The interest is set at a predetermined rate and is charged only on the loan balance.
Fully amortized adjustable-rate mortgage
A home loan whose interest rate can change, and whose amount is fully paid at the end of the term.
Fully diluted shares
The number of shares of common stock that would be outstanding if all convertible securities were converted to common shares
Fully-serviced lease
Lease in which rent includes coverages of operating expenses and taxes for the building.
PREVIOUS AND NEXT TERMS--------------------------------------
Front-end zero
Under a conventional loan, a borrower may elect to finance all of the mortgage insurance premium, thus incurring no cash obligation for this charge at closing.
Fructus industriales
Corn, wheat and other crops that are produced annually by labor and industry, and not spontaneously. They are referred to in Latin as "fructus industriales."
FSBO (for sale by owner)
A home that is being sold by the owner of the property without the representation of a broker.
FSLIC
Federal Savings and Loan Insurance Corp, a federal institution that insures deposits of federally chartered savings and loan associations.
Full disclosure
Revealing all known facts which may affect the decision of a buyer or tenant.
Full market value
Full recourse
A loan on which an endorser or guarantor is liable in the event of default by the borrower
Full status
A full-status mortgage is available to those who have been successfully credit checked.
Full-service rent
An all-inclusive rental rate that includes operating expenses and real estate taxes for the first year. The tenant is generally still responsible for any increase in operating expenses over the base year amount.
Fully amortized
Fully amortized mortgages are paid in equal monthly installments, which include interest and amortization of principal, paid over a period of years. The interest is set at a predetermined rate and is charged only on the loan balance.
Fully amortized adjustable-rate mortgage
A home loan whose interest rate can change, and whose amount is fully paid at the end of the term.
This dictionary contains 6433 terms. |
|
|
