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An insurance policy protecting thebuyer for the amount of thepurchase price in the event of afuture title dispute.a. Earnings available on alternativeinvestments. (Real Estate Finance). b.The value differential betweenalternative investments with differingrates of return. (Fundamentals ofReal Estate Appraisal).33b
a. Proof of membership in a trustcooperative granted in a particularamount, usually with the right tooccupy a unit in property owned bythe trust. (Property Management). b.Shares in Ginnie Mae pools. (RealEstate Finance).A loan that includes certainequipment and appliances locatedor installed on the premises inaddition to the real property itself.a. A loan where the lender takes an equity position in theproperty as well as interest for the loan. (Real EstatePractice). b. As a concession for making a loan oncommercial property, the lender is given a portion ofownership, which allows him to participate in the profits.(Real Estate Economics). c. A loan in which more thanone lender or more than one borrower has an interest; aloan in which the lender receives partial ownership in theenterprise that is being financed. (Real Estate Finance).The face value of a bond or security.a. See general partnership. (Real Estate Principles, Real Estate Practice). b. Two or morepersons or entities joined together to own real property. (Real Estate Finance). c. Two ormore persons associated to carry on a business and to share in the profits. (Real EstateLaw). d. An association of two or more individuals who carry on a continuing business forprofit as co-owners. Under the law a partnership is regarded as a group of individualsrather than as a single entity. (Fundamentals of Real Estate Appraisal). e. An association oftwo or more individuals who carry on a continuing business for profit as co-owners.Under the law, a partnership is regarded as a group of individuals rather than as a singleentity separate from the individual owners. A general partnership is a typical form of jointventure in which each general partner shares in the administration, profits, and losses ofthe operation. A limited partnership is a business arrangement whereby the operation isadministered by one or more general partners and funded, by and large, by limited orsilent partners, who are by law responsible for losses only to the extent of theirinvestments. (Real Estate Economics).Under DVA loan, the amount ofguarantee still available to aneligible veteran who has used aprevious entitlement.Payments on securities sold in thesecondary market that are sentdirectly to the investors.