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Point
Point A point is 1 percent of the amount of the mortgage.
RELATED TERMS--------------------------------------
Point
A point is 1 percent of the amount of the mortgage.
Mortgage
A legal document pledging property as security for the payment of a loan.
SIMILAR TERMS--------------------------------------
Point of beginning (pob)
In a metes-and bounds legal description, the starting point of the survey, situated in one corner of the parcel; all metes-and-bounds descriptions must follow the boundaries of the parcel back to the point of beginning.
Point source
A stationary location or fixed facility such as an industry or municipality that discharges pollutants into the air or surface water through pipes, ditches, lagoons, wells, or stacks - a single identifiable source such as a ship or a mine.
Pointe-Noire property
Property in Pointe-Noire, Congo. Apartments, flats, houses, offices and other property in Pointe-Noire.
Points
Origination fees charged by the originating lender or broker and-or discount fees charge by lenders to increase the overall yield.
PREVIOUS AND NEXT TERMS--------------------------------------
Plot
A map or chart of a lot, subdivision or community drawn by a surveyor showing boundary lines, buildings, improvements on the land and easements.
Plottage
The increase in value or utility resulting from the consolidation (assemblage) of two or more adjacent lots into one larger lot.
PMI
Acronym for Private Mortgage Insurance.
PMI (Private Mortgage Insurance)
Private mortgage insurance, required by many lenders when a borrower's down payment is less then 20% of the purchase price.
Pocket door
A sliding door that retreats into the wall when opened.
Point
Point of beginning (pob)
In a metes-and bounds legal description, the starting point of the survey, situated in one corner of the parcel; all metes-and-bounds descriptions must follow the boundaries of the parcel back to the point of beginning.
Point source
A stationary location or fixed facility such as an industry or municipality that discharges pollutants into the air or surface water through pipes, ditches, lagoons, wells, or stacks - a single identifiable source such as a ship or a mine.
Points
Origination fees charged by the originating lender or broker and-or discount fees charge by lenders to increase the overall yield.
Police power
The inherent right of the state to regulate for the purpose of promoting health, safety, welfare, and morality.
Pollution prevention
Actively identifying equipment, processes, and activities which generate excessive wastes or use toxic chemicals and then making substitutions, alterations, or product improvements.
This dictionary contains 6433 terms. |
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