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GLOSSARY-REAL ESTATE

Words and meanings related to the Real Estate Sector

TermDefinition
ACCELERATION CLAUSE Cláusula de vencimiento anticipado
ACTUAL CASH VALUE Valor real de mercado/valor actual en efectivo
ADDENDUM Anexo al contrato
BIWEEKLY MORTGAGE Hipoteca con pago cada dos semanas
BONDS Bonos
CANCELLATION RIGHTS Derecho de cancelación
CAP Límite máximo, tope máximo
CHAIN OF TITLE Historial/cadena de título
DEED-IN-LIEU OF FORECLOSURE Escritura en lugar de ejecución hipotecaria
DEFAULT Incumplimiento
DELINQUENT PAYMENT Pago en mora
EARNINGS Ingresos
ENCROACHMENT Intrusión
FAIR CREDIT REPORTING ACT Ley Federal de Informes de Crédito Equitativos
GIFT LETTER Certificación del obsequio/regalo; certificación de los fondos donados
HOME BUYER Comprador de vivienda
HOMESTEAD Bien de familia inembargable
INSTALLMENT DEBT Deuda pagadera en cuotas/plazos
LATE PAYMENT Pago atrasado
OVERDRAFT Sobregiro
Created by: Flordelviento42
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