Lien
May 19, 2014 2:25 pm Comments Off on LienA legal claim a party places on the property interest of another to secure the payment of a debt relating... View Article
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Lien Waiver
May 19, 2014 2:25 pm Comments Off on Lien WaiverA document stating that a party performing work on a property has received payment and waives the right to file... View Article
Like-Kind Exchange
May 19, 2014 2:26 pm Comments Off on Like-Kind ExchangeSee exchange.
Liquidation Value
May 19, 2014 2:26 pm Comments Off on Liquidation ValueThe likely price that a property would bring in a forced sale (foreclosure or tax sale). Used when a sale... View Article
Liquidity
May 19, 2014 2:27 pm Comments Off on LiquidityThe ability to convert an investment into cash quickly without loss of principal.
Live Load
May 19, 2014 2:27 pm Comments Off on Live LoadThe per square foot capacity of a building to handle the weight of all contents that are moveable and not... View Article
Load Factor
May 19, 2014 2:28 pm Comments Off on Load FactorThe ratio of rentable area to useable area. The load factor is a gauge by which a user can evaluate... View Article
Loan Balance
May 19, 2014 2:29 pm Comments Off on Loan BalanceThe amount of money remaining to be paid on an amortizing loan at a given time.
Loan or Mortgage Value
May 19, 2014 2:29 pm Comments Off on Loan or Mortgage ValueThat portion of the value of real property recognized by the lender when used to secure a loan.
Loan Point
May 19, 2014 2:30 pm Comments Off on Loan PointA charge prepaid by the borrower upon the origination of a loan. One point equals one percent of the loan... View Article