First Horizon Home Loan
First Horizon Home Loan
First Horizon Home Loan

Free Classifieds and Advertising for Individuals and Businesses at www.KeepSane.com



Real Estate Terms of the Day for First Horizon Home Loan



DISTRAINT
The right of a landlord, pursuant to a court order, to seize a tenants belongings for rents in arrears.

FRONTAGE
The length of a property abutting a street or body of water; that is, the number of feet that "front" the street or water.

COMMERCIAL PROPERTY
A classification of real estate which includes income producing property such as office buildings, gasoline stations, restaurants, shopping centers, hotels and motels, parking lots and stores, and other similar uses.

NOTICE OF DEFAULT
Written notice to a borrower that a default has occurred and that legal action may be taken.

FNMA
See Federal National Mortgage Association.

CONTINGENCY
A provision placed in contract which requires the completion of a certain act or the happening of a particular event before a contract is binding.

LIMITED COMMON ELEMENTS
That special class of common elements in a condominium reserved for the use of a certain apartment(s) to the exclusion of other apartments.

Copyright © 2004-2005   |    www.WeWillBuyYourHouseFast.com   |  Privacy Policy