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Section
Section A portion of township under the rectangular (government) survey system. A township is divided into 36 sections, numbered one through 36. A section is a square with mile-long sides and an area of one square mile, or 640 acres.
RELATED TERMS--------------------------------------
Township
A division of territory, used in the government (rectangular survey system of land description, which is six miles square, and contains 36 sections, each of which is one mile square and consists of 23,040 acres.
Survey
A property diagram that indicates legal boundaries, easements, encroachments, rights of way, improvement locations, etc.
Section
A portion of township under the rectangular (government) survey system. A township is divided into 36 sections, numbered one through 36. A section is a square with mile-long sides and an area of one square mile, or 640 acres.
SIMILAR TERMS--------------------------------------
Section 202
Government program that provides capital for the construction, rehabilitation or acquisition of nonprofit housing for low income elderly.
Section 8
Federally subsidized housing administered by HUD where the tenant pays up to thirty percent of his or her adjusted monthly income and HUD pays the difference between that amount and the market rent.
Section(s)
As used in the government survey method, a land area of one square mile, or 640 acres. A section is 1-36 of a township, or each township contains 36 sections. Sections are numbered 1 through 36. Section 1 is always in the northeast, or upper right-hand, corner.
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Secondary market investor
An entity, such as FNMA or FHLMC, that buys mortgage loans for investment or sells them again to another secondary market investor.
Secondary mortgage market
The buying and selling of first mortgages of trust deeds by banks, insurance companies, government agencies, and other mortgagers.
Secondary offering
A stock offering made by an existing public company.
Secondgeneration or secondary space
Previously occupied space that becomes available for lease, either directly from the landlord or as sublease space.
Secret profit
Refers to a broker making an undisclosed profit at the seller's expense.
Section
Section 202
Government program that provides capital for the construction, rehabilitation or acquisition of nonprofit housing for low income elderly.
Section 8
Federally subsidized housing administered by HUD where the tenant pays up to thirty percent of his or her adjusted monthly income and HUD pays the difference between that amount and the market rent.
Section(s)
As used in the government survey method, a land area of one square mile, or 640 acres. A section is 1-36 of a township, or each township contains 36 sections. Sections are numbered 1 through 36. Section 1 is always in the northeast, or upper right-hand, corner.
Secured debt
A debt that is secured by a lien on debtor's property that may be taken by the creditor in case of nonpayment by the debtor.
Secured loan
A loan that is backed by collateral.
This dictionary contains 6433 terms. |
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