Author: davidreecher
Installment Sale
Installment Sale An installment sale is a property sale in which the purchaser pays the purchase price over a period of years. The seller recognizes gain for tax purposes by the proportion of th... Read More
Insider Rights
Insider Rights – David Reecher Special rights offered to tenants occupying apartments in a building in the process of converting to a co-op or condo, giving them the exclusive right to buy thei... Read More
Injunction
Injunction – David Reecher An injunction is a court instruction to discontinue a specified activity.... Read More
Index Lease
Index Lease – David Reecher An index lease is a lease with a method of determining rent by an index, such as the LIBOR index.... Read More
Hypothecate
Hypothecate – David Reecher Hypothecate is to pledge property as security for the payment of a debt without giving up possession.... Read More
Housing Expense Ratio
Housing Expense Ratio – David Reecher The housing expense ratio is the relationship of a borrower’s monthly payment obligation on housing (principal, interest, taxes, insurances and other app... Read More
House Rules
House Rules – David Reecher House rules are building rules regulating the conduct and responsibilities of homeowners as they affect the building’s common areas and services.... Read More