Lease where, in addition to the rent, the lessee pays the taxes, insurance, and maintenance. As a guarantee for the lessor, the lessee posts a bond payment equivalent to one year's tax, insurance, and maintenance payment
Tax concept whereby income not actually received is considered to be constructively
received by a taxpayer and thus must be reported. An example is a bond interest coupon. The interest is ...
The interest left in an estate after all costs have been deducted. For example, if a
business is willed to X for life with the balance to Y upon X's death, Y has a remainder interest. ...
Retail businesses in the same locality having a parking lot servicing them. The center may contain a department store, small retailers, and restaurants. There may also be a movie theater. ...
Individual corporation, and so on permitted by law to own property and engage in business. Here, two or more companies operate under common control.
Separate economic unit subject to ...
Provision in the insurance policy lapses due to premium nonpayment, all
unpaid premiums must be paid, and any additional requirements must be satisfied before reinstatement
can take place. ...
Also called the Rule of the Sum of the Digits. An approach that bank use to formulate a
loan amortization schedule. It results in a borrower paying more interest in the beginning of a ...
Hidden away deep in the majestic Smoky Mountain range, there is a charming little town, nestled in a valley with tall mountains surrounding it on every side. Regal houses and cozy cabins ...
The city of Frisco, TX is the #1 Best Suburb to Buy a House in the Dallas-Fort Worth Area based on the ranking put together by Niche.com. Over the last three decades, this lovely, ...
Fort Mill is a town located in the state of South Carolina as a suburb of the city of Charlotte. Right around the border of South to North Carolina, this city is also known as Fort Mill ...
Boca Raton is a town located in Palm Beach County, South Florida with an estimated population of 99,224 according to the most recent United States census done in 2019. The city of Boca ...
Came here wondering if you need a permit to build a bunker? Of course you do. Come on, this is America; you need a permit to build anything! Especially a deep earth bunker, which might go ...
A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance) to your monthly gross income. Lenders use this ratio to qualify you for a loan. ...
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