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Popular Real Estate Glossary Terms
(1) Judges remark in a court ruling not in and of itself embodying the law. A dictum merely illustrates or amplifies the ruling. (2) Arbitrator's ruling. ...
A certificate of ownership in a real estate company. Pledged assets for a borrowing. An example is an office building serving as collateral for the mortgage. Way of protecting property ...
Annual premium expressed on a proportionate basis such as monthly, quarterly, or semiannually. ...
Recording an expenditure having a benefit of more than one year to the cost of the property. ...
A borrower who doesn't pay. ...