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Maturity
Maturity The date on which the principal balance of a loan, bond, or other financial instrument becomes due and payable.
RELATED TERMS--------------------------------------
Principal
1) The outstanding balance of a loan. 2) A party to a real estate transaction. 3) The head of a real estate firm.
Balance
The appraisal principle that states that the greatest value in a property will occur when the type and size of the improvements are proportional to each other as well as the land.
Loan
A sum of borrowed money (principal) that is generally repaid with interest.
Bond
1) A debt instrument; an obligation to pay; a security issued by a corporation. 2) A written promise that accopmpanies a mortgage and is evidence of the debt secured by the mortgage. 3) An interest-bearing certificate issued by a government to finance public projects.
Instrument
A written legal document created to secure the rights of the parties participating in the agreement.
SIMILAR TERMS--------------------------------------
Maturin property
Property in Maturin, Venezuela. Apartments, flats, houses, offices and other property in Maturin.
Maturity date
The date when the total principal balance comes due
PREVIOUS AND NEXT TERMS--------------------------------------
Master lease
A primary lease that controls subsequent leases and may cover more property than subsequent leases
Master plan
A comprehensive plan to guide the long-term physical development of a particular area.
Master servicer
An institution that acts on behalf of a trustee for the benefit of security holders in collecting funds from a borrower, advancing funds in the event of delinquencies and, in the event of default, taking a property through foreclosure
Master-planned community
A large development that features neighborhoods, parks and other recreation areas, schools and shopping centers.
Material fact
Any fact that is relevant to a person making a decision. Agents must also disclose to buyers material facts about the condition of the property.
Maturity
Maturity date
The date when the total principal balance comes due
Maximum financing
A mortgage made on a property in which the lender’s lowest permissible down payment has been made.
Mean
The average of all items included within a group, calculated by dividing the sum of the individual items, or variates, by the number of variates.
Mechanical systems
A house’s heating, cooling, plumbing and electrical apparatus.
Mechanic's lien
A lien created by statute on a specific property for labor or materials contributed to an improvement on that property.
This dictionary contains 6433 terms. |
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