Occupancy Cost

Occupancy Cost – David Reecher Occupancy cost refers to the total cost to a tenant who occupies a space, including the total rent that he or she pays. It might also include any required maintena... Read More

Notice of Default

Notice of Default – David Reecher A notice of default is a public court filing wherein a mortgage borrower is notified that his or her payments are overdue because the predetermined deadline has... Read More

Note

Note – David Reecher A note is a legal document that a borrower signs promising that he or she will repay a mortgage loan at a specific interest rate over a set period of time. The note is also ... Read More

Non-Liquid Asset

Non-Liquid Asset – David Reecher Non liquid assets are assets that cannot be sold or converted into cash easily without a significant loss of investment. Some examples of such assets include hou... Read More