Federal Savings And Loan Association

Definition of "Federal Savings and Loan Association"

Chauniece Mouzone real estate agent

Written by

Chauniece Mouzoneelite badge icon

United Real Estate

Charter issued by The Office of Thrift Supervision, under the U.S. Department of Treasure, to an institution to act as a savings and loan association. A federally chartered savings and loan association, in contrast to one with a state charter, may have the ability to branch across state lines as well as make certain investments a state chartered thrift institution cannot.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Innovative architectural designs for either single or multi level homes and other buildings incorporating innovative features, such as passive solar heating. Contemporary building plans ...

The United States has a law named “eminent domain” that grants local, state, or federal government the right to take ownership of a private property with or without the consent ...

Enumeration of the consideration given by each party to a contract which in some cases must be in written form to be enforceable. For example, the statute of frauds requires that all ...

Governmentally held records of public transactions giving constructive notice that documentation exists confirming the transaction. ...

The consolidation of items that have been considered a part of property but are not actually annexed, secured, or joined to it. ...

Heat resistance measure commonly used with insulating material, outside walls, and roofs. The higher the R value, the more heat transfer resistance a material has." ...

Originally strips of wood approximately 1 to 1 1/2 inch wide, 1/4 to 3/8 inch thick by approximately 4 ft. long which were nailed across the wall studs for the purpose of supporting ...

Type of property distribution occurring when a person dies intestate. The estate id divided by the children of the deceased and by their children. For example, if a husband dies intestate, ...

Incontrovertible reality forcing a judge in a trial to find evidence to the contrary unsupportable. ...

Popular Real Estate Questions