Late Payment
Definition of "Late payment"
Payment received after the due date. A penalty and/or interest may be charged on such payment. For example, a bank may charge a penalty of $25 if a mortgage payment is received after the tenth of the month.
Popular Real Estate Terms
See concrete block. ...
Roof with one side that is at a sloped angle. ...
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Real estate broker specializing in the listing and selling of commercial property. This property can include apartments, businesses, hotels, industrial, retail or wholesale uses. ...
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