Armslength Transaction | Real Estate Glossary

Definition of "Arm’s-length transaction"

Transaction between unrelated entities or individuals acting in their own interest.

Required total annual interest and principal loan payments. ...

Regulatory rules that have to be followed by the organization in conducting its activities. ...

Individual who sells and services life insurance in an exclusive territory; in property and casualty ...

Company that provides access to the internet through electronic communications. ...

Same as term: generally accepted accounting principles (GAAP): ...

Coverage for direct or indirect property loss that can be analyzed under the following headings: Pe ...

A morgagee is the lender. ...

A lease purchase mortgage is a financing option that allows potential homebuyers to lease a property ...

A credit report is a report of all your debt information compiled by an independent agency. The cred ...

A convertible ARM is an adjustable- rate mortgage (ARM) that can be converted into a fixed rate mort ...

A limit on an adjustable-rate mortgage. ...

A mortgage broker is an intermediary who ensures a loan between a borrower and lender. The broker ta ...

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