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Reinstatement
Reinstatement To bring something back to its prior position, as in restoring a defaulted loan to current status.
RELATED TERMS--------------------------------------
Loan
A sum of borrowed money (principal) that is generally repaid with interest.
SIMILAR TERMS--------------------------------------
Reinsurance
Reinsuranceis the contract to transfer all or a portion of the insurer's (ceding insurance company's) risk, assumed on behalf of its insureds, to another insurer/reinsurer.
PREVIOUS AND NEXT TERMS--------------------------------------
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
A mortgage that covers the costs of rehabilitating (repairing or Improving) a property.
Reinstatement
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.
Release clause
A provision found in many blanket mortgages enabling the mortgagor, upon payment of a specific sum of money, to obtain a partial release of particular portions or parcels of the collateral.
This dictionary contains 6433 terms. |
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