ss


vicarious liability


when 1 person responsible for actions of another


statute of limitations


lawsuit required to be filed within a specified time period


1974


safe drinking water act


cash on cash


bottom line of investment% by dividing cash flow by deposit and settlement costs


Condops


building divided in at least 2 condominiums


capitalization rates


interest rate thats considered a reasonable return


proprietary lease


exclusive longer lease given in co-op


Commingling


illegal mixing of $ held in trust


Regulation Z


requires lenders to make full disclosure of terms of loan


balloon mort


loan paid back with small payments in addition


HO-1


covers loss of fire


Ad velorem tax


tax based on assessed value of property