- Industry: Real estate
- Number of terms: 2794
- Number of blossaries: 0
- Company Profile:
Coldwell Banker is a large real estate franchise founded in 1906 in San Francisco. Coldwell Banker has an international presence, with offices on six continents, 46 countries and territories. There are more than 600 Coldwell Banker offices outside of the United States.
A situation where two or more parties own a piece of property together. Each of the owners has an equal share, and may not dispose of or alter that share without the consent of the other owners.
Industry:Real estate
When a person or business is unable to pay their debts and seeks protection of the state against creditors. Bankruptcies remain on credit records for up to ten years and can prevent a person from being able to get a loan.
Industry:Real estate
An official court decision. If the judgement requires payment from one party to another, the court may put a lien against the payee's property as collateral.
Industry:Real estate
The inheritor of a trust. The lender on a note and trust deed transaction.
Industry:Real estate
A type of foreclosure conducted as a civil suit in a court of law.
Industry:Real estate
Statement of a lender, giving the remaining principal balance and other information regarding the loan. Usually obtained when an owner wishes to sell or refinance.
Industry:Real estate
A mortgage loan for an amount greater than the limits set by Fannie Mae and Freddie Mac. Often called non-conforming loans.
Industry:Real estate
Written evidence of insurance which covers a limited time; to be replaced later with a permanent policy.
Industry:Real estate
