Interim Loan

Expenditures incurred to improve a specific real estate development; however, these improvements are not directly on the property. Example are curbs, driveways, and streets. ...

Borrower who gives property as collateral for a loan. ...

A mortgage provides the right to the bank to have a lien on the financed property with the borrower having title to the property. ...

Also called real property. Anything permanently affixed to the land, such as buildings, walls, fences, and shrubs, as well as the rights to own or use them. It is distinguished from ...

Low level of land positioned between mountains or hills. ...

Geographic area that is attractive to prospective tenants. Square footage in an office building or apartment house that may be rented by a tenant. ...

Ownership in property by two or more persons at the same time. ...

Not paying taxes legally due the government. Examples are the failure to report rental income received and claiming false deductions on real estate holdings. The penalty for tax fraud is ...

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