- Industry: Real estate
- Number of terms: 9847
- Number of blossaries: 0
- Company Profile:
Century 21 Real Estate LLC is a real estate agent franchise company founded in 1971. The Century 21 System consists of over 7,800 independently owned and operated offices. Century 21 has offices in all 50 states and in more than 67 countries and territories.
A second person sharing obligation on the loan and title on the property.
Industry:Real estate
The amount of principal, interest and other costs that has not yet been repaid.
Industry:Real estate
Something of value given or pledged as security for a debt or obligation. The collateral for a real estate mortgage loan is the mortgaged property itself, which has been hypothecated.
Industry:Real estate
The amount of time remaining on the original amortisation schedule.
Industry:Real estate
The process a lender takes to pursue a borrower who is delinquent on his payments in order to bring the mortgage current again. Includes documentation that may be used in foreclosure.
Industry:Real estate
An activity designed to improve the value or desirability of a property through rebuilding, refurbishing, redecorating or adding on to it.
Industry:Real estate
A second party who signs a loan, along with the borrower, and becomes liable for the debt should the borrower default.
Industry:Real estate
An arrangement made to repay delinquent instalments or advances. Lenders' formal repayment plans are called "relief provisions".
Industry:Real estate
An account, or fund, setup for the replacement of short life items, such as carpeting, in the common areas of a cooperative property.
Industry:Real estate
Levies against individual unit owners in a condominium or planned unit development (PUD) project for additional capital to defray homeowners' association costs and expenses and to repair, replace, maintain, improve, or operate the common areas of the project.
Industry:Real estate
