Tag: Deferred
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Deferred Interest
Concept of Deferred Interest in the context of Real Property A short definition of Deferred Interest: Interest that is postponed (deferred) until a later date. This would occur if a borrower was paying less than interest only on a loan.
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Deferred Maintenance
Concept of Deferred Maintenance in the context of Real Property A short definition of Deferred Maintenance: Repairs necessary to put a property in good condition. A concern of a purchaser. An owner may have an account for such maintenance.
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Deferred Payment Loans
Concept of Deferred Payment Loans (dpls) in the context of Real Property A short definition of Deferred Payment Loans (dpls): Reverse mortgages that give the borrower a lump sum of cash to repair or improve a home; usually offered by state or local governments.
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Deferred Payment Loans
Concept of Deferred Payment Loans (dpls) in the context of Real Property A short definition of Deferred Payment Loans (dpls): Reverse mortgages that give the borrower a lump sum of cash to repair or improve a home; usually offered by state or local governments.
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Deferred Exchange
Concept of Deferred Exchange in the context of Real Property A short definition of Deferred Exchange: A process whereby the taxpayer sells the relinquished property and purchases the replacement property at a later date. The process must conform to the rules of IRS code section 1031 in order […]
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Deferred Payments
See also Payments extended over a specified period; put off to a future date…. (Read more)…