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South African Real Estate

p

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

participation quota - The participation quota is a number that expresses how big one section is...

partnership - An agreement between two or more persons (a maximum of 20) to carry on a ...

patent defects - A patent defect is a defect in the property that is clearly visible to th...

payment cap - Payment caps limit the change in monthly payments based on a maximum perc...

per diem interest - Interest calculated daily. (Depending on the day of the month on which cl...

periodic rate cap - Periodic rate caps limit the allowable periodic adjustments to the intere...

person - A natural person or legal person (legal entity). ...

piti - Principal, Interest, Taxes and Insurance, which are the components of a m...

possession - When the Purchaser takes over legal control of the premises, he is in pos...

power_of_attorney - A 'power of attorney' is a document giving one person the right (and resp...

pre-approval - The lender's approval in principal of a loan application submitted before...

pre-forclosure sale - A procedure in which the borrower is allowed to sell his or her property ...

pre-qualification - Prior to buying a home, pre-qualification helps a buyer identify his boun...

preferred stock - Stock that takes priority over common stock with regard to dividends and ...

prepaid interest - Interest that is paid before it is due. Generally, prepaid interest is ch...

prepayment - Full or partial repayment of the principal in advance of the contractual ...

prepayment penalty - A fee charged to the borrower, if the loan is paid off in advance of the ...

preview - A specified date and time when property is available for viewing and audi...

principal - The remaining balance of your mortgage (excluding earned interest) ...

principal beneficiary - A principal beneficiary is the person who receives the most significant p...

principal collateral - What is meant by principal security in real estate terms? ...

principal estate agent - The estate agent responsible for the compliance of a real estate agency t...

principal security - latent defects is ...

principal security - principal security is ...

private mortgage insurance - Insurance from a private corporation that limits the Lender's liability i...

promissory note - Document signed and given to the lender by the borrower. It explains what...

property considered good security for mortgage loans - Google ...

property considered good security for mortgage loans - property considered good security for mortgage loans is ...

purchase agreement - Contract stating the terms and conditions under which a property will be ...


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