Separate account
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  Separate account



Separate account

   A relationship where an investment manager or adviser is retained by a single pension plan sponsor to source real estate product under a stated investment policy exclusively for that sponsor.

RELATED TERMS
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Investment
Money directed toward the purchase, improvement and development of an asset in expectation of income or profits.

Adviser
A broker, consultant or investment banker who represents an owner in a transaction.

Estate
The ownership interest of a person in real property, also used to refer to a deceased person's property.



SIMILAR TERMS
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Separate property
Under community property law, property owned solely by either spouse before the marriage, acquired by gift or inheritance after the marriage or purchased with separate funds after the marriage.



PREVIOUS AND NEXT TERMS
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Seller's real property disclosure form
As required by Nevada Real Estate Division Code NRS 113. 100-113.150, a transferee (buyer) of residential real property is entitled to a statement from the transferor (seller) which provides information regarding the physical condition of the property.

Selling agent
The agent who obtains a buyer. A selling agent may represent the buyer, or may be a subagent of the seller.

Semi-custom home
A house in which the buyer cannot alter the layout, but can specify amenities such as type of cabinets and floor coverings.

Senior classes
With regard to securities, describes the classes with the highest priority to receive the payments from the underlying mortgage loans.

Senior loan
A real estate loan in the first priority position.

Separate account

Separate property
Under community property law, property owned solely by either spouse before the marriage, acquired by gift or inheritance after the marriage or purchased with separate funds after the marriage.

Septic system
A private sewerage system consisting of a tank, distribution box and leaching field.

Septic Tank
An Underground tank in which sewage from the house is reduced to liquid by bacterial action and drained off.

Servicer
An organization that acts on behalf of a trustee for the benefit of security holders.

Servicing
The collection of mortgage payments from borrowers and related responsibilities of a loan servicer.

This dictionary contains 6433 terms.
      












                    © Real Estate Dictionary 2005 - All rights reserved -

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