Income Beneficiary

Definition of "Income beneficiary"

Individual (s) entitled to receive the income generated by the trust.

Search Real Estate Glossary

Related Real Estate Glossary terms

Clifford Trust

Up to 1986, arrangement to provide a personal trust while the settlor is still alive. The income is ...

Basic Time Frame

Time period, for a life insurance policy, in which losses occur. This period must be determined to p ...

Zoning Variance

Permission to do something that differs from the basic zoning requirement. An example is a homeowner ...

Optional

Right to select something or perform some act. An example is a renter of property that is given t ...

Private Mortgage Insurance

Relative to the growth in home prices over the last quarter century, Americans are earning less and, ...

Community Association

Generic name given for any association of property owners sharing an interest in commonly owned prop ...

Related Real Estate FAQ

What Is The APR For This ARM Loan?

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input par ...

What Is A Mortgagor?

A mortgagor is the borrower. ...

What Are Prepayment Penalties?

A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off o ...

What Is A Qualifying Ratio?

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

What Does A Back-end Ratio Mean?

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

Why Should I Use A Real Estate Agent?

A real estate agent is more than just a \"sales person.\" They act on your behalf as your agent, pr ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Real Estate Open House - The Dos and Don How To Choose A Realtor Build or Buy? That’s the Big Question Should you Buy a Home with Cash? What is Hazard Insurance?

FAQ

What is a cap? What do I need to know about Group Health Insurance? What is depreciation? What is a mortgage banker? What happens when a property starts to depreciate?