The institutional investor’s prior agreement to provide long-term financing upon the completion of a construction project. Also known as a standby commitment, this ensures a fixed price that already has been agreed upon.
Doing business as.
A common abbreviation used in real estate listings and classified advertisements.
Doing business as (DBA) refers to a "fictitious name" or business entity name that does not carry the name of the principal. Example: Your name is Smith, but you choose to call your business "Speedy House Painting" and not "Smith House Painting". In the United States, fictitious names must usually be registered at the state level, with the Secretary of State or some other such office. The term "fictitious" is used in a legal sense and does not imply that the business is dishonest or disreputable.
An easement which is annexed to the ownership of one parcel of land that allows one party the use of his or her neighbor’s land and which runs with the land when the title is transferred to another party
An estate or a limited estate in which transfer of the property is restricted in that the property must pass to the descendants of the owner and which was originally used to insure the passing of land down to the rightful owners.
A common real estate and finance abbreviation referring to the ratio of the loan amount to the appraised value of the property or the sales price, whichever is lower. This term is also commonly used in real estate listings and classified advertisements.