Soft Money
Definition of "Soft money"
- Money paid for a real estate project or investment that can be taken off on the tax return as an expense.
- Expenditures made during construction of a building that do not go directly into the building. Examples are permit fees, interest on borrowed funds, attorney fees, and real estate taxes.
Popular Real Estate Terms
A written mortgage document. A mortgage instrument states the terms of the mortgage including the interest rates, length of payments, payment dates, and remedies the bank is entitled to in ...
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Street having access only at one end and terminating with a circular turnaround area. The circular area permits automobiles to exit the street without having to use a home's driveway to ...
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Listing of the names of tenants, apartments, or office numbers, and monthly rentals. ...
Single mortgage or other encumbrance that covers more than one piece of real estate. ...
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The transfer of a property deed from one person to another without publicly recording it. The recording of a deed in a public office gives constructive notice of the act of the sale and ...
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