Non Recourse
Definition of "Non recourse"
Absence of a personal liability such as when a creditor may seize an office building used as security for the obligation but cannot attach any other assets of the debtor.
Popular Real Estate Terms
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Founded in1934 and located in Chicago, IL with a 1993 membership of 8,300, the IAAO seeks to ameliorate assessment standards as well as to perform ongoing property assessment research. The ...
Square footage of space a parcel of land has. ...
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