Unity Of Time | Real Estate Glossary

Definition of "Unity of time"

Shane Peters

REALTY EXECUTIVES

Principle stating that all joint tenants must acquire their interest from the same deed or will.

(1) Payments made at the end of a time period. (2) Late or overdue payment. Payments which are in de ...

Distance from the location of natural ground and water to the actual ground level. ...

Local geographic area with similar characteristics. It may be referred to by name (e.g., Brooklyn He ...

Costs that the borrower must pay at the time of closing, in addition to the down payment. ...

Excess funds above the amount required to establish legal reserves for the policies in force. These ...

Same as term: engineering approach; human approach ...

A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest ra ...

A default is when a person fails to make payments on a loan. ...

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

Our agents have a wide range of coverages available, as well as an array of choices for limits and d ...

A type of purchase in which the buyer assumes the responsibility of making payments on a sellers hom ...

The public tax assessor value of a property as determined for the purpose of taxation. ...

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