South African PropertyArticlesDictionaryDirectoryListings
South African Real Estate

b

There are definitions relating to "b" awaiting approval...

balance sheet - A financial statement that shows assets, liabilities, and net worth as of...

balloon mortgage - A mortgage in which the borrower's monthly payments are amortized over a ...

balloon payment - The final lump sum payment that is made at the maturity date of a balloon...

bank - A financial institution registered in terms of the Banks Act 94 of 1990. ...

bank letter of credit - A letter from a bank certifying that a named person is worthy of a given ...

bankruptcy - A legal proceeding that allows a debtor (person or business) to eliminate...

beetle certificate - The Seller may be required to provide a beetle certificate by to the Purc...

before-tax income - Income before taxes are deducted. Also known as gross income. ...

beneficiary - A beneficiary is someone who inherits something in terms of a will, benef...

bi-weekly payment mortgage - A mortgage with payments due every two weeks (instead of monthly). ...

bid - A prospective buyer's indication or offer to purchase property at a certa...

bid ringing - The illegal practice whereby two or more people agree not to bid against ...

bidder number - The identifying number issued to each person who registers at an auction....

bidder's pack - The package of information and instructions pertaining to the property to...

blanket mortgage - A single mortgage that covers two or more properties. (also know as cross...

body corporate - The body corporate of a sectional title scheme is made up of all the owne...

body corporate - The controlling body of a sectional title scheme is known as the body cor...

bona fide - In good faith, without fraud. ...

bond - See martgage bond. ...

bond attorneys - The conveyancers who attends to the registration of the Purchaser's new m...

bond holder - Also known as a mortgagee. ...

bond originator - An individual or firm that acts as an agent between lenders and borrowers...

borrower - An individual who applies for, and receives a loan from a lender. The bor...

breach of contract - If either the buyer or seller does not perform according to the terms of ...

broker - An individual who unites buyers and sellers of goods and serveces and neg...

broker participation - An arrangement for third-party brokers to register potential bidders for ...

building code - Local regulations that set forth the standards and requirements for the c...

building society - A financial institution previously registered in terms of the Building So...

buy-down - Money advanced by an individual (e.g. builder, seller, buyer, developer) ...

buyer's commission - An advertised percentage of the high bid, or a flat fee added to the high...

buyer's market - A market condition that favors buyers. If there are more sellers than buy...


Find
0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z