| Countrywide Customer Service Home Loan |
|
Menu
|
Free Classifieds and Advertising for Individuals and Businesses at www.KeepSane.com
ATTORNEY-IN-FACT One who is authorized by another to act in his place under a power of attorney. KICKERS Different types of equity participation a lender may seek as a condition for lending money, such as participation in rentals, profits, or extra interest. BOUNDARIES The perimeters or limits of a parcel of land as fixed by legal description which is usually a metes and bounds description. MORTGAGOR The borrower in a mortgage loan transaction. COVENANT A written agreement or promise of two or more parties by which either pledges to perform or not to perform specified acts on a property, or which specifies certain uses or non-uses of the property. LAND TRUST An association organized by common owners of real property, which holds title to the real property in the name of one or more trustees for the benefit of the owners, whose beneficial interests may be represented by trust certificates. NEGOTIABLE INSTRUMENT Any written instrument which may be transferred by endorsement or delivery so as to vest legal title in the transferee. |
Copyright © 2004-2005 | www.WeWillBuyYourHouseFast.com | Privacy Policy |