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Package loan
Package loan A real estate loan used to finance the purchase of both real property and personal property, such as in the purchase of a new home that includes carpeting, window coverings and major appliances.
RELATED TERMS--------------------------------------
Estate The ownership interest of a person in real property, also used to refer to a deceased person's property.
Loan A sum of borrowed money (principal) that is generally repaid with interest.
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--------------------------------------
Package mortgage Mortgage covering both real and personal property.
PREVIOUS AND NEXT TERMS--------------------------------------
Putian property Property in Putian, China. Apartments, flats, houses, offices and other property in Putian.
Puyang property Property in Puyang, China. Apartments, flats, houses, offices and other property in Puyang.
Pyatigorsk property Property in Pyatigorsk, Russia. Apartments, flats, houses, offices and other property in Pyatigorsk.
Port Vila property Property in Port Vila, Vanuatu. Apartments, flats, houses, offices and other property in Port Vila.
P trap A drainage plumbing pipe in the approximate shape of a "p" laid on its face, providing a trap that prevents sewer gasses from entering the living space.
Package loan
Package mortgage Mortgage covering both real and personal property.
Panel A section or division of a wall, ceiling or a flat piece of building material that forms the part of the surface of a wall, door or cabinet.
Paneling Strips of wood or wood material applied as a finish to a wall.
Paper A mortgage, deed of trust or land contract which is given instead of cash.
Par The face value of a bond or security.
This dictionary contains 6433 terms. |
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