Down Payment - Law Dictionary Search Results
loan to value (ltv) ratio
the less cash a borrower is required to pay as down payment. Source: U.S. Department of Housing and Urban Development
cash reserves
buyer to be held in reserve in addition to the down payment and closing costs; the amount is determined by the lender.
annuity
or more persons receive annuities in return for prior fixed payments made by themselves or another (as an employer) annuity cer·tain
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repayment plan
a delinquent borrower where the borrower agrees to make additional payments to pay down past due amounts while making regularly scheduled
Credit
Credit, a transfer of goods in confidence of future payment; that side of an account or any item set down
Public Order Act, 1936
is an unlimited right. Such access may be conditional upon payment and subject to reasonable restrictions. For example the zoological gardens
Earnest
something in earnest to bind the contract, or in part payment,' or some note in writing of the bargain be made
Allowance
allouer, Fr., to place or assign], a deduction, an average payment, a portion. Also in selling goods, or in paying duties
House of Commons
abolished in 1858 by 21 & 22 Vict. c. 26. Payment of Members.--Members were from very early times entitled to payment
trust
remainder trust in which the named beneficiaries receive a fixed payment of not less than five percent of the fair market
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