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Real Estate Terms - V

Variable Interest Rate

A fluctuating interest rate that can go up or down depending on the market rate.

 

Fri Dec 21 2007

Vendee

A purchaser or buyer.

 

Fri Dec 21 2007

Vested

Bestowed upon someone or secured by someone, as with title to property.

 

Fri Dec 21 2007

Voluntary Lien

A lien such as a mortgage, that attaches with the consent of the owner, as opposed to an involuntary lien (for example, taxes).

 

Fri Dec 21 2007