T-Bills
Tacking
(1) Annexing a lien to one superior to it in order to gain the priority of the superior lien and defeat an intermediate lien …
Tacking
(1) Annexing a lien to one superior to it in order to gain the priority of the superior lien and defeat an intermediate lien. Generally not allowed. (2) Annexing periods of possession to add up to enough time for successful adverse possession. For example: A begins adverse possession. A dies and A’s son takes up possession, adding A’s time to his own. Not always allowed.
TAH (Targeted Affordable Housing)
See: Multifamily Affordable Housing
TAH (Targeted Affordable Housing)
See: Multifamily Affordable Housing.
Take Out Commitment
Agreement by a lender to place a long term (take out) loan on real property after completion of construction
Take Out Commitment
Agreement by a lender to place a long term (take out) loan on real property after completion of construction.
Take Out Loan
The “permanent” (long term) financing of real estate after completion of construction
Take Out Loan
The “permanent” (long term) financing of real estate after completion of construction.
Takeout Loan
A loan that is used to pay offa construction loan when construction iscomplete
Takeout Loan
A loan that is used to pay offa construction loan when construction iscomplete.
Taking
As a legal term, it is used to describe acquisition such as taking by will; it is most commonly used as a real estate …
Taking
As a legal term, it is used to describe acquisition such as taking by will; it is most commonly used as a real estate term to mean acquisition by eminent domain.
Talus
Rocks at the foot of a hill or other slope, which accumulate by sliding or rolling down the slope from the action of wind, …
Talus
Rocks at the foot of a hill or other slope, which accumulate by sliding or rolling down the slope from the action of wind, rain, and gravity.
Tandem Plan
A method of keeping home financing active by the purchase of mortgages by GNMA (Government National Mortgage Association) at face value (par), for resale …
Tandem Plan
A method of keeping home financing active by the purchase of mortgages by GNMA (Government National Mortgage Association) at face value (par), for resale to FNMA (Federal National Mortgage Association), a private corporation, at a discount.
Tangible Property
Tangible Value
Value in appraisal of the physical value (land, buildings, etc), as opposed to the value of an intangible, such as a favorable lease
Tangible Value
Value in appraisal of the physical value (land, buildings, etc.), as opposed to the value of an intangible, such as a favorable lease.
Targeted Affordable Housing
See: Multifamily Affordable Housing
Targeted Affordable Housing
See: Multifamily Affordable Housing