Business property, such as and office building, retail stores, medical center, or hotel, that operates with a profit. A risk/return relationship exist ...
Improvements or renovations to a leased business or residential property made by a tenant to meet its particular needs. Loss of use of these improveme ...
A lease. It is an agreement to rent property for a given amount and term specifying
the terms and conditions for use. The term is mainly used when co ...
Coverage when residential property does not qualify according to the minimum requirements of a homeowner's policy, or because of a requirement for the ...
Cooperative is a form of home ownership in which you own shares in a corporation. In return for the purchase of shares, you are allowed to live in a u ...
A home warranty is a guarantee for certain features of a new home-for instance, the materials and workmanship, the main components of the house, and s ...
An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders us ...
A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closing costs within three days of submitting a mortgag ...
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