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Underlayment
Underlayment A layer of wood between the subfloor and the floor.
RELATED TERMS--------------------------------------
Floor
The minimum rate possible on a variable-rate loan or line of credit, after any initial introductory rate period.
SIMILAR TERMS--------------------------------------
Under construction
The period of time after construction has started but before the certificate of occupancy has been issued.
Under contract
The period of time after a seller has accepted a buyer's offer to purchase a property and during which the buyer is able to perform its due diligence and finalize financing arrangements.
Underground storage tanks (usts)
USTs are commonly used for storing petroleum products, chemicals or process wastes. Sites which use USTs include airports, gas stations, industrial locations and military bases.
Underwriter
A person who evaluates the risk of default by a mortgage loan applicant, and grants approval or denial of the loan.
Underwriting
The process of analyzing a loan application to determine the amount of risk involved in making the loan.
PREVIOUS AND NEXT TERMS--------------------------------------
Uncollected rent
Uncollected rent or vacancy is subtracted from gross scheduled income.
Unconscionable contracts
An agreement that is so unfair and one-sided that the courts will refuse to honor it.
Under construction
The period of time after construction has started but before the certificate of occupancy has been issued.
Under contract
The period of time after a seller has accepted a buyer's offer to purchase a property and during which the buyer is able to perform its due diligence and finalize financing arrangements.
Underground storage tanks (usts)
USTs are commonly used for storing petroleum products, chemicals or process wastes. Sites which use USTs include airports, gas stations, industrial locations and military bases.
Underlayment
Underwriter
A person who evaluates the risk of default by a mortgage loan applicant, and grants approval or denial of the loan.
Underwriting
The process of analyzing a loan application to determine the amount of risk involved in making the loan.
Undisclosed dual agency
An illegal situation that arises when a real estate broker represents both parties but does not inform one or more of the parties.
Undisclosed heir
A person who claims the right to a piece of property after the death of an owner without a will.
Undisclosed spouse
An unidentified marital partner who can claim the right to a piece of property.
This dictionary contains 6433 terms. |
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