Standby Loan
Definition of "Standby loan"
Short-term loan that is made to bridge the term between the end of one loan and the beginning of another.
Popular Real Estate Terms
Road or highway acting as a frontage boundary. ...
Writ issued by the court requiring a person to appear as a witness or to provide written information in the case. A contempt of court citation may occur for failure to observe the subpoena. ...
An unpreventable, overwhelming, and irresistible force. It is common to place a force majeure clause in a construction contract to indemnify a construction deadline in the event an act of ...
How much the rental property is worth. The valuation considers the net income derived from the property and a capitalization rate. ...
The result of combining two or more parcels of land so that the one large parcel has more value than the sum of the individual parcels. ...
To clip or prune shrubbery,etc. ...
Legal action between a plaintiff and defendant. ...
Losses arising from damage to or destruction of property. ...
The Women’s Council of REALTORS® is one of the affiliate organizations of the National Association of REALTORS® (NAR). This nonprofit organization is a network of successful ...
Have a question or comment?
We're here to help.