Mortgage Share (participation) Agreement
A written agreement between institutional investors to buy or sell ownership shares in mortgages. An institution such as a bank can agree to buy a certain number of shares in a single or package of mortgages.
Popular Real Estate Terms
Part of something such as the units making up a heating or air conditioning system in a building. ...
Six-mile-wide column of land running north-south in rectangular survey system ...
Economic or physical life of a fixed asset. The property is depreciated over the period benefited. ...
Title that can be made null and void or defeated upon the satisfaction of a claim or the completion of some future contingency. ...
Designation given to members of the American Society of Real Estate Counselors (ASREC). A prerequisite for membership is professional experience and ethical conduct. ...
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Work required as a court judgment because of a crime committed. ...
Something that is inferred, but not explicitly stated. The inference may be deducted from the relevant information. ...
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