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Intrinsic value
Intrinsic value An appraisal term referring to the value created by a person's personal preferences for a particular type of property.
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Appraisal
An expert judgment or estimate of the quality or value of real estate as of a given date.
Term
The length of time in which a loan is to be paid off.
Value
The measure of the monetary equivalent of a property. The four essential elements of value are utility, scarcity, demand and transferability.
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.
SIMILAR TERMS--------------------------------------
Introducer
Inform borrowers about certain mortgages and ‘introduce’ them to the lender. Introducers receive a fee for passing on new business.
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Interpleader
A judicial proceeding where an innocent third party, such as an escrow agent or broker, can deposit with the court property or money that he or she holds and that is subject to adverse claims.
Interstate banking
Bank expansion across state lines through the use of bank holding companies and acquisitions of existing banks.
Interstate Land Sales Full Disclosure Act
A federal law, enacted in 1968, that regulates interstate land sales by requiring registration of real property with the Office of Interstate Land Sales Registration (OILSR) of the U.S. Department of Housing and Urban Development (HUD).
Intestate
A person who dies without making a will.
Intestate succession
A succession of a property to the heirs when a person dies without a will.
Intrinsic value
Introducer
Inform borrowers about certain mortgages and ‘introduce’ them to the lender. Introducers receive a fee for passing on new business.
Inure
1) To come into use; take or have effect. 2) To become beneficial or advantageous.
Inventory
All space within a certain proscribed market without regard to its availability or condition
Inverse condemnation
A property owner forcing a government to take a property by eminent domain when that government's actions resulted in the owner's inability to use the property.
Investment
Money directed toward the purchase, improvement and development of an asset in expectation of income or profits.
This dictionary contains 6433 terms. |
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