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Popular Real Estate Glossary Terms
Same as term housing expense. The sum of the monthly mortgage payment, hazard insurance, property taxes, and homeowner association fees. Housing expense is sometimes referred to as PITI, ...
Bureau insurer that files its statistical and underwriting experience with a rating bureau. ...
Federal agency that researches injury and illness arising from workplace hazards and recommends standards for maximum exposures to hazardous substances. ...
Lender who possesses the collateral of the borrower if the loan is defaulted upon. ...
Similar to an industrial park an office park is a planned and zoned development site for office buildings. ...