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  1. vicarious liability
    when 1 person responsible for actions of another
  2. statute of limitations
    lawsuit required to be filed within a specified time period
  3. 1974
    safe drinking water act
  4. cash on cash
    • bottom line of investment
    • % by dividing cash flow by deposit and settlement costs
  5. Condops
    building divided in at least 2 condominiums
  6. capitalization rates
    interest rate thats considered a reasonable return
  7. proprietary lease
    exclusive longer lease given in co-op
  8. Commingling
    illegal mixing of $ held in trust
  9. Regulation Z
    requires lenders to make full disclosure of terms of loan
  10. balloon mort
    loan paid back with small payments in addition
  11. HO-1
    covers loss of fire
  12. Ad velorem tax
    tax based on assessed value of property
Author
prane
ID
69860
Card Set
ss
Description
ss
Updated

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