real estate mortgage
A mortgage used to finance the real estate that serves as the collateral to secure the borrower’s performance under the terms and conditions of the mo [...]
property lien
Any claim against real property to secure the payment of a debt or performance of some other obligation that exists until the debt or duty that it sec [...]
mortgage loan
An agreement that sets out the terms and conditions of a loan secured by real estate between the lender (mortgagee) and the borrower and owner of the [...]
title
In property law, the rights in a piece of property in which either a legal or equitable interest is owned, it commonly referring to a formal document [...]
stabilization
When a development project or acquisition achieves a certain level of completion, lease-up and/or net income to enable its closeout, sale or qualifica [...]
take-out commitment
The commitment of permanent lender to provide permanent financing to complement or replace the construction financing when a certain event occurs, gen [...]
