Liquidation | Real Estate Glossary

Definition of "Liquidation"

Conversion of real property into money.
The breaking up and selling of a real estate company for cash distribution to its creditors and then owners. Chapter 7 of the Federal Bankruptcy Code applies to a forced liquidation.

A mortgage on which the interest rate can be changed by the lender. While ARM contracts in many coun ...

Physiological or psychological condition that prevents an insured from performing normal job functio ...

Helps in supporting a building. ...

Life insurance on the life of a child. ...

Listing of items in priority or sequential order. There may be a succession or series of steps to re ...

Clause in a liability insurance policy under which an insurance company agrees to defend an insured ...

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Flood insurance is insurance that compensates for the physical property damage resulting from rising ...

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of ...

When you are preapproved, you have a definite commitment from a lender ...

Generally, real property never depreciates in value, or more so, it is not very common for property ...

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest ra ...

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