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Standard coverage policy
Standard coverage policy A standard coverage policy normally insures the title as it is known from the public records.
RELATED TERMS--------------------------------------
Title 1) The rights of ownership and possession of particular property. 2) In real estate usage, title may refer to the instruments or documents by which a right of ownership is established (title documents), or it may refer to the ownership interest one has in the real estate.
SIMILAR TERMS--------------------------------------
Standard Metropolitan Statistical Area Areas designated by the U.S. Office of Management and Budget that contain a city of 50,000 or more.
Standard payment calculation A method of figuring out how much monthly payments should be, based on the beginning loan balance, the term and the interest rate.
Standard Uniform Application An application developed by FNMA and FHLMC that is widely used in the mortgage industry.
Standard Variable Rates (SVR) The lender’s standard mortgage interest rate - without any discount. Usually tracks an index.
Standby takeout commitment An agreement by an interim lender to advance funds to take out a construction lender.
Stanley property Property in Stanley, the Falkland Islands. Apartments, flats, houses, offices and other property in Stanley.
PREVIOUS AND NEXT TERMS--------------------------------------
Square feet The usual method by which rental space is defined. It is the area of that space, calculated by taking length times width.
Square footage The area within a building, calculated by measuring the rooms by length and width.
Square-foot method A method of estimating a building's construction, reproduction or replacement costs; whereby the structure's square-foot floor area is multiplied by an appropriate construction cost per square foot.
Stabilized net operating income Projected income less expenses that are subject to change but have been adjusted to reflect equivalent, stable property operations.
Stabilized occupancy The optimum range of long-term occupancy that an income-producing real estate project is expected to achieve after exposure for leasing in the open market for a reasonable period of time at terms and conditions comparable to competitive offerings.
Standard coverage policy
Standard Metropolitan Statistical Area Areas designated by the U.S. Office of Management and Budget that contain a city of 50,000 or more.
Standard payment calculation A method of figuring out how much monthly payments should be, based on the beginning loan balance, the term and the interest rate.
Standard Uniform Application An application developed by FNMA and FHLMC that is widely used in the mortgage industry.
Standard Variable Rates (SVR) The lender’s standard mortgage interest rate - without any discount. Usually tracks an index.
Standby takeout commitment An agreement by an interim lender to advance funds to take out a construction lender.
This dictionary contains 6433 terms. |
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