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Rehabilitation mortgage
Rehabilitation mortgage A mortgage that covers the costs of rehabilitating (repairing or Improving) a property.
RELATED TERMS--------------------------------------
Mortgage
A legal document pledging property as security for the payment of a loan.
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--------------------------------------
Rehab
Extensive renovation intended to cure obsolescence of a building or project.
PREVIOUS AND NEXT TERMS--------------------------------------
Registration
Notifying the owner that you have shown the property to a prospect in order to establish your claim to a commission.
Registration statement
Forms filed with the Securities and Exchange Commission (or the appropriate state regulatory agency) in connection with a proposed offering of new securities or the listing of outstanding securities on a national exchange
Regression
An appraisal principle that states that between dissimilar properties the value of the better-quality property is affected adversely by the presence of the lesser-quality property.
Regulation Z
Implements the Truth-in-Lending Act requiring credit institutions to inform borrowers of the true cost of obtaining credit.
Rehab
Extensive renovation intended to cure obsolescence of a building or project.
Rehabilitation mortgage
Reinstatement
To bring something back to its prior position, as in restoring a defaulted loan to current status.
Reissue rate
A charge for a title insurance policy if a previous policy on the same property was issued within a specified period of time.
REIT (Real Estate Investment Trusts)
A business trust or corporation that combines the capital of many investors to acquire or provide financing for real estate.
Rejection
Proposing any deviation from the terms of the offer constitutes a rejection of the original offer and becomes a new offer.
Release
An instrument releasing property from the lien of the mortgage, judgment, etc.
This dictionary contains 6433 terms. |
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