Tag: Cash

Concept of Cash Equivalency Analysis in the context of Real Property A short definition of Cash Equivalency Analysis: An appraisal technique by which the price of comparable properties selling at different financing terms are adjusted to find market value. The theory is that terms less […]

Concept of Cash Rent in the context of Real Property A short definition of Cash Rent: A term used in farm rental to distinguish between money rent and rent paid by giving a portion of the crop to the owner (share crop).

Concept of Cash-on-cash in the context of Real Property A short definition of Cash-on-cash: The amount of cash received compared to the amount of cash invested. Also called the Equity Dividend Rate, Cash Flow Rate or Equity Capitalization Rate.

Cash Flow Rate in the context of Real Property See: Cash-On-Cash in this legal Dictionary.

Cash Flow Rate in the context of Real Property See: Cash-On-Cash in this legal Dictionary.

Concept of Cash-out Refinance in the context of Real Property A short definition of Cash-out Refinance: A new mortgage loan that pays off any existing debts on the property and still gives the borrower cash.

Concept of Cash Assets in the context of Real Property A short definition of Cash Assets: Money which is available to meet the requirements of operating a business.

Concept of Cash on Hand Statement in the context of Real Property A short definition of Cash on Hand Statement: A statement of cash on hand which the buyer intends to apply to closing costs, impounds, and down payment. Also shows the source of the money (savings, gift, etc.).

Concept of Cash Reserves in the context of Real Property A short definition of Cash Reserves: An amount of money sometimes required by a lender to be held in reserve in addition to the down payment and closing costs.

Concept of Cashier’s Check in the context of Real Property A short definition of Cashier’s Check: A check drawn by a bank on itself rather than on an account of a depositor. A cashier’s check is generally acceptable to close a sale without waiting for the check to clear.

Cash Accounting in the context of Real Property See: Accrual Accounting in this legal Dictionary.

Cash Accounting in the context of Real Property See: Accrual Accounting in this legal Dictionary.

Concept of Cash Out in the context of Real Property A short definition of Cash Out: To take the entire amount of a seller’s equity in cash rather than to retain some interest in the property, such as a purchase money mortgage or deed of trust. Also loosely used when paying off anyone […]