Standby Commitment

Selling price of a property divided by its appraisal value. If real estate has a selling price of $400,000 but its assessed value is 4380,000, the ratio is 1.053. ...

Platform erected on a roof in some New England homes having a view of the sea. It was said widows of lost seaman would walk on the platform looking out at sea for their husbands to return ...

What is a botel?, you ask. You know hotels, right? And the marketing denomination of them to motorists; the "motel”. Well, the best botel definition is “hotel for ...

Timber wood situated on the exteriors of a loading deck to safeguard it from damage resulting when trucks unload and load. ...

Oral or written contract that is not enforceable by the judicial system. Examples are contracts with minors, fraudulent agreements and contracts that exceed the statute of limitations. ...

Government owned lands, for conservation purposes or for specific uses such as dams and hydropower. Public lands are owned by federal, state, and local governments. Many public lands are ...

Same as term Veterans Administration Mortgage: Mortgage guaranteed up to 30 years by the Veterans Administration to veterans meeting minimum requirements. Originally established by the ...

Same as term graduated lease: A rental stipulation a varying rental rate. Rental rate are determined tied to periodic appraisals or an inflation or an inflation index. The provision is more ...

With a population of about 1.3 million people, Dallas is the third most populous city in Texas and the ninth most populous city in the USA. The city of Dallas is part of the fourth largest ...

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

Clermont Florida is well known for its beautiful suburban neighborhoods and its high population of “snowbirds”, wealthy retirees from the northern US who spend their winters in ...

If you’re looking into relocating in the Sunshine State, why not go a step further and move in Sunshine City. Also known as St. Pete or The Burg - depends whether you’re talking ...

A condominium is a form of home ownership in which the owner owns the airspace within the walls but doesn't own the actual walls, ceilings, or floors of the home. ...

America is the land of endless possibilities. Both the East and the West Coast have developed rapidly, nourished by the many newcomers who disembarked and settled near the ports of entry. ...

Many retirees look to Florida in general when thinking of peaceful years of retirement and in Florida, The Villages seems to attract more elders than any other place. Located in central ...

A lock in guarantees a certain interest rate for a certain period of time. ...