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Definitions (2181)
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Zoning Ordinances
Local laws that establish building codes and usage regulations for properties in a specified area.
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Zoning variance
When an exception is made in a zoning ordinance by the local government. These are granted on a case by cases basis.
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Zoning
Areas that are designated by the local government where certain types of land uses are allowed. An area may be zoned for residential or commercial building.
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Zero balance
The wonderful appearance of a zero balance occurs when a borrower has paid of their loans and there is nothing left to repay.
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zero capital gains rate
Zero capital gains rate is the 0 percent tax rate that's applied when an individual sells property in a designated enterprise zone. The existence of the zero capital gain rate is intended to stim [..]
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Yupcap
Yupcap is a slang term for a young, educated, working professional who can't afford to buy a home. Yupcaps have reliable, competitive income, but are kept out of homeownership due to the rising c [..]
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Yield curve
A yield curve is a graph that shows the relationship between interest rates and time.
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yield spread premium
Yield spread premium is the difference between the interest rate a borrower pays on a mortgage loan, and the lender's par rate for which that borrower qualifies. This difference is the broker [..]
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Wraparound Mortgage
A consolidation of balances on all mortgages into one loan.
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Writ
Writ is a written, binding order issued by a judge, judicial officer or court. Â
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