Zero Rate Loan
Loan with a significant down payment with the balance being paid in equal periodic payments over a short time period. There is no interest charge. An example is when a seller of real estate is anxious to sell property and in so doing offers a zero percent financing rate.
Popular Real Estate Terms
Market price pf all the property prior to a condemnation proceeding. ...
(1) Right to engage in and earn from a particular activity in return for services or for a particular use. (2) Reduced price used as an incentive. (3) Permission or right, granted by a ...
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Lender's written assurance that the borrower has fully paid the obligation. The borrower may then show this instrument to interested parties. ...
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