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Hold period
Hold period The length of time for which you keep a mortgage before repaying it or remortgaging.
RELATED TERMS--------------------------------------
Mortgage
A legal document pledging property as security for the payment of a loan.
Remortgaging
Taking out a new mortgage and using it to pay off the old mortgage, using the same property as collateral.
SIMILAR TERMS--------------------------------------
Hold-harmless clause
A contract provision whereby one party agrees to indemnify and protect the other party from any injuries or lawsuits arising out of the particular transaction.
Holdbacks
A portion of a loan commitment that is not funded until an additional requirement is met, such as completion of construction
Holder in due course
The holder of a negotiable instrument (check or note) purchased for value when the instrument appears complete and regular on its face.
Holding period
The length of time an investor expects to own a property from purchase to sale
Holdover tenancy
A tenancy whereby a lessee retains possession of leased property after the lease has expired and the landlord, by continuing to accept rent, agrees to the tenant's continued occupancy as defined by state law.
Holdover Tenant
A tenant who remains in possession of leased property after the lease term expiration.
PREVIOUS AND NEXT TERMS--------------------------------------
High-rise
In the central business district, this could mean a building higher than 25 stories above ground level, but in suburban markets, it generally refers to buildings higher than seven or eight stories.
Highrise developments
Sometimes called mixed-use developments (MUDs), these combine office space, stores, theaters and apartment units in a single vertical community.
Hip roof
A pitched roof with sloping sides.
Historic preservation
A movement to protect buildings with historic value from destruction or extensive renovation.
Historic structure
A building listed in the National Register of Historic Places and certified as historic by the U.S. Secretary of the Interior.
Hold period
Holdbacks
A portion of a loan commitment that is not funded until an additional requirement is met, such as completion of construction
Holder in due course
The holder of a negotiable instrument (check or note) purchased for value when the instrument appears complete and regular on its face.
Hold-harmless clause
A contract provision whereby one party agrees to indemnify and protect the other party from any injuries or lawsuits arising out of the particular transaction.
Holding period
The length of time an investor expects to own a property from purchase to sale
Holdover tenancy
A tenancy whereby a lessee retains possession of leased property after the lease has expired and the landlord, by continuing to accept rent, agrees to the tenant's continued occupancy as defined by state law.
This dictionary contains 6433 terms. |
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