Sentimental Value
Emotional value of property to the particular person. An example is an owner of a house who is attached to it because his deceased parents lived there.
Popular Real Estate Terms
See assumption of mortgage; deed of trust. ...
Document describing the benefits and provisions for people or businesses covered by group insurance. Document in life and health insurance issued to a member of a group insurance plan ...
The definition of low-income housing is any house that is either rented or owned by an individual or family that has a monthly household income that does not exceed a certain percentage of ...
Situation in which pledged property is held by a person or entity until the loan is paid. ...
Building that is elaborately built with columns in a symmetrical way, generally with three floors and a gabled roof. ...
The Real Estate Settlement Procedure Act (RESPA) is a piece of law passed by the US Congress in 1974 to protect homebuyers and home sellers against bad settlement practices. The Real ...
(1) The difference between future value and present value of a payment. (2) A reduction in the amount due for early payment. (3) Discount loan. (4) Taking into account all available good ...
Cement or mortar with a high moisture content developing it into a slurry solution allowing the ability to be poured or pumped into crevices, fissures, and masonry cracks and joints. ...
Land zoned for industrial use including manufacturing, factory office and warehouse space, research and development. ...
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