Loan Shark
lender who charges an exorbitant interest rate, which is typically illegal because it exceeds the interest rate allowed in the state. A borrower may go to a loan shark if he cannot obtain the loan at financial institutions such as banks and finance companies. The borrower is usually rejected because of his high risk.
Popular Real Estate Terms
Power of attorney giving permission for a lawyer to represent a client. ...
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Modification in the amount of money involved for some justifiable reason. ...
(1) Provided by a commercial or savings bank to the real estate company itself or to another party for documentation purposes. Such a letter may be needed by a prospective condominium owner ...
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Roof having less than a 10 degree slant. ...
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