Credit Application
Definition of "Credit application"
Form used to record information about a credit applicant's ability to meet his obligations in connection with a real estate purchase.
Popular Real Estate Terms
Landlords act of seizing a tenants property to satisfy defaulted rent payments. To distrain a tenants property the landlord must give proper legal notice and is often accompanied by ...
Divides a locality into districts for differing purposes. The map is continually kept current. It reveals the status of each district. ...
Repairing the street for safety and attractiveness. In some localities, such as on Long Island, the home owner is responsible for properly maintaining the street surrounding his home. ...
Across the globe, countries have comprehensive antitrust laws that protect customers and ensure the orderly conduct of businesses. Through antitrust laws, the playing field is balanced for ...
Constructed in place by filling holes drilled through to bearing strata with concrete. ...
Incapable of performing duties because of a lack of knowledge and training. The individual may not possess the qualifications and credentials. For example, a prospective buyer of real ...
Ownership of property transfers from the seller to the buyer when the parties sign the contract. ...
The adjusted sales price is also known as price adjustment or adjustment in appraisals. A definition for the adjusted sales price is the appraisal determined through the market approach or ...
Same as term landlocked: Parcel of land that is totally surrounded by other land parcels not providing access to a highway. ...
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