Category: Business
Created by: mbourgaize
Number of Blossarys: 6
English (EN) Mortgage payments which are fixed, but the interest changes according to fluctuating market rates. If mortgage rates go up, a larger portion of the payment is applied to interest. If rates go down, a ...
Detailed examination of ownership documents to ensure there are no liens or other encumbrances on the property, and no questions regarding the seller's ownership claim. Source: Vancouver Island Real ...
Statement of a condition to be fulfilled, either by the seller or the buyer, before the contract of purchase and sale will become firm and binding on both parties, which must include a specific ...
Closing statements in real estate transactions which set out the sources of funds which make up the purchase price, adjustments to and from the purchase price, the final amount required from the ...
Path or route that may lawfully be used indicated on title at the Land Title Office, often for use of utilities, city or municipality on order to make repairs to pipes. No permanent structure may be ...
Real estate professionals who are members of the Vancouver Island Real Estate Board, the British Columbia Real Estate Association and the Canadian Real Estate Association. Only these professionals ...
Land registration tax which must be paid when an application for a taxable transaction is made at any Land Title Office in British Columbia to register changes to a certificate of title. Property ...
