Level Payment Income Stream
Definition of "Level payment income stream"
Same as term annuity: Equal period payments or receipts. Examples of an annuity are annual rental receipts from a real estate investment and cash dividends from a real estate firm's preferred stock. There are two types of an annuity. They are an ordinary annuity, where payments or receipts occur at the end of the period; and an annuity due, where payments or receipts are made at the beginning of the period.
Popular Real Estate Terms
Type of investment company that invests money in mortgages and various types of investment in real estate, in order to earn profits for shareholders. Shareholders receive income from the ...
Frame surrounding a door or window to block adverse weather. It may be made of wood, metal, or other material. The frame may be fixed or moveable. ...
Same as term Veterans Administration Mortgage: Mortgage guaranteed up to 30 years by the Veterans Administration to veterans meeting minimum requirements. Originally established by the ...
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Residing in a structure that the individual owns. ...
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