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Total commitment
Total commitment The full mortgage loan amount that is obligated to be funded if all stated conditions are met.
RELATED TERMS--------------------------------------
Mortgage
A legal document pledging property as security for the payment of a loan.
Loan
A sum of borrowed money (principal) that is generally repaid with interest.
SIMILAR TERMS--------------------------------------
Total acres
All land area contained within a real estate investment.
Total assets
The sum of all gross investments, cash and equivalents, receivables, and other assets presented on the balance sheet.
Total expense ratio
The percentage of monthly debt payments compared to total before-tax income.
Total inventory
The total square footage of a type of property within a geographical area, whether vacant or occupied.
Total principal balance
The total amount of debt, including the original mortgage amount adjusted for subsequent fundings, principal payments and other unpaid items (e.g., interest) that are allowed to be added to the principal balance by the mortgage note or by law.
Total retail area
Total floor area of a retail center less common areas.
Total return
The sum of quarterly income and appreciation returns.
PREVIOUS AND NEXT TERMS--------------------------------------
Top soil
The top layer of soil that is removed when lots are graded in preparation for construction.
Torrens system
A method of evidencing title by registration with the proper public authority, generally called the registrar, named for its founder, Sir Robert Torrens, an Australian who developed the system in 1857. Torrens took the idea from the system of registering title to shipping vessels. It is also popular in Canada, Australia and Great Britain.
Tort
A wrongful act or violation of a legal right for which a civil action will lie.
Total acres
All land area contained within a real estate investment.
Total assets
The sum of all gross investments, cash and equivalents, receivables, and other assets presented on the balance sheet.
Total commitment
Total expense ratio
The percentage of monthly debt payments compared to total before-tax income.
Total inventory
The total square footage of a type of property within a geographical area, whether vacant or occupied.
Total principal balance
The total amount of debt, including the original mortgage amount adjusted for subsequent fundings, principal payments and other unpaid items (e.g., interest) that are allowed to be added to the principal balance by the mortgage note or by law.
Total retail area
Total floor area of a retail center less common areas.
Total return
The sum of quarterly income and appreciation returns.
This dictionary contains 6433 terms. |
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