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Rejection
Rejection Proposing any deviation from the terms of the offer constitutes a rejection of the original offer and becomes a new offer.
RELATED TERMS--------------------------------------
Deviation
The measure of how widely the individual varies from the general population.
Offer
A proposal to purchase property at a specified price and terms.
Rejection
Proposing any deviation from the terms of the offer constitutes a rejection of the original offer and becomes a new offer.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
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
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
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.
Release deed
A document that transfers all rights given a trustee under a deed of trust loan back to the grantor after the loan has been fully repaid.
Release of liability
The release of an old borrower from further responsibility for repayment of an assumed loan.
Reliction
An increase of the land by the permanent withdrawal of the ocean or a river.
This dictionary contains 6433 terms. |
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