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l |
There are definitions relating to "l" awaiting approval... landlord - The owner op immovable property that he/she lets to tenants at a fee. Als...late charge - A fee payable by the borrower when a payment is made later than the due d... latent defects - A latent defect is a defect that does exist, but is not visible or discov... lease agreement - The terms and conditions of a lease. An agreement whereby a lessee obtain... legacy - A gift, or donation, made in a will. The stuff you leave behind, once yo... legal entity - A company or close corporation. Sometimes a trust is also regarded as a l... legatee - Someone who receives a legacy. A legatee is therefore usually a principal... lender option commitments - An agreement giving a lender the option to deliver loans or securities by... lessee - A person who enters into a lease agreement with a lessor. See tenant. ... lessor - A person who enters into a lease agreement with a lessee. See landlord. ... levy - In terms of sectional title property, the levy is an owner's contribution... levy clearance certificate - A clearance certificate issued by the sectional title body corporate. ... lien - Right of retention (retaining posession). A legal claim (or rigt to claim... lifetime rate cap - Lifetime rate caps limit the maximum interest rate allowable on an adjust... limited real right - A registered right over someone else's property. Servitudes and mortgage ... liquidation - The legal process leading to the dissolutotion of a company or close corp... loan application - The application for a loan made by a borrower to a lender. Loan applicati... loan application fee - Money paid to the lender for the initial expenditures of processing a loa... loan finance - Money borrowed to pay for the purchase of a property. ... loan servicing - The tasks a lender performs to protect a mortgage investment, including c... loan-to-value ratio - (LTV) The relationship between the balance of a borrower's mortgage loan ... lock (lock-in) - A lender's guarantee of an interest rate for a specific time period, usua... lodgement - This is the act of handing in the documents at the deeds office for exami... long lease - A lease for a period of 10 years or more; or for the natural life of the ... loss mitigation - Activities designed to reduce either the likelihood of the lender sufferi... lot - Either an individual object or grouping of objects that are offered for s... 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 |
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