LIBOR Index – David Reecher Stands for “London Interbank Offered Rate”, and is the average yield of interbank offered rates for one-year U.S. dollar-denominated deposits in the London marke...Read More
Letter of Adequacy – David Reecher A letter (usually issued by a managing agent) found in the offering plan of a building converting to cooperative or condominium ownership affirming that the i...Read More
Involuntary Alienation – David Reecher Involuntary alienation is the transfer of title to real property as a result of a lien foreclosure sale, adverse possession, filing a petition in bankrupt...Read More
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