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In-house sale
In-house sale A sale in which the listing broker is the only broker in the transaction; there is no outside broker involved as in a cooperative sale.
RELATED TERMS--------------------------------------
Listing
An employment contract between principal and agent that authorizes the agent (such as a broker) to perform services for the principal and his property.
Broker
A person who acts as an intermediary between two or more parties in connection with a transaction for a fee or commission.
Cooperative
A residential multiunit building whose title is held by a trust or corporation that is owned by and operated for the benefit of persons living within the building, who are the beneficial owners of the trust or stockholders of the corporation, each possessing a proprietary lease.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Inflation
The number of dollars in circulation exceeds the amount of goods and services available for purchase; inflation results in a decrease in the dollar's value.
Inflation hedge
An investment that tends to increase in value at a rate greater than inflation and helps contribute to the preservation of the purchasing power of a portfolio
Infrastructure
Basic installations that a community needs, such as schools, roads, water and electrical lines, power plants and communications systems.
Ingress
A way to enter a property - access.
Inheritance taxes
An "estate" tax imposed by the state on heirs for their right to inherit property. The tax is not levied on the property itself, but rather on the heirs for their right to acquire the property by succession or devise.
In-house sale
Initial fees
All the initial costs involved in the homebuying process, such as solicitor’s fee, valuation fees, application and arrangement fees.
Initial interest
This is the first payment of interest. It includes interest for the time between completion date and date of the normal monthly repayment plus the interest for the first month
Initial interest rate
The starting percentage a borrower pays for the use of money on an adjustable-rate mortgage.
Initial public offering (IPO)
The first time a private company offers securities for sale to the public
Initial rate
The rate payable at the outset of the loan, between the start of the mortgage and the end of any benefit period.
This dictionary contains 6433 terms. |
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