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Paper
Paper A mortgage, deed of trust or land contract which is given instead of cash.
RELATED TERMS--------------------------------------
Mortgage
A legal document pledging property as security for the payment of a loan.
Deed
A signed, written instrument that conveys title to real property.
Trust
An arrangement whereby legal title to property is transferred by the grantor (or trustor) to a person called a trustee, to be held and managed by that person for the benefit of another, called a beneficiary.
Land
The earth's surface, extending downward to the center of the earth and upward infinitely into space, including things permanently attached by nature, such as trees and water.
Contract
A legal agreement between entities that requires each to conduct (or refrain from conducting) certain activities.
SIMILAR TERMS--------------------------------------
Papeete property
Property in Papeete, French Polynesia. Apartments, flats, houses, offices and other property in Papeete.
PREVIOUS AND NEXT TERMS--------------------------------------
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
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.
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
Par
The face value of a bond or security.
Parcel
An officially described piece of land.
Parking ratio
Dividing the total rentable square footage of a building by the building's total number of parking spaces provides the amount of rentable square feet per each individual parking space.
Parking strip
The strip of grass between the sidewalk and the street in front of a house.
Parol evidence rule
A rule of evidence providing that a written agreement is the final expression of the agreement of the parties, not to be modified by oral or written negotiations.
This dictionary contains 6433 terms. |
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