8 Terms
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Relocation
Referring to any service that assists a family to move house or a business to move from one establishment to another.
Industry: Business services
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Relocation
Delinquency
Business services; Relocation
A loan payment that is overdue but within the period allowed before actual default is declared.
Default
Business services; Relocation
The nonperformance of a duty, whether arising under a contract or otherwise; failure to meet an obligation when due, such as failure to make mortgage payments as agreed to in the terms of the ...
Deed of trust
Business services; Relocation
A deed held in trust by a third party. In such a situation, the borrower transfers the title to a trustee who retains the title until a loan debt is repaid. A form of mortgage in some states.
Deed
Business services; Relocation
A written instrument by which title to real property is transferred from one owner to another. The deed should contain an accurate description of the property being conveyed, should be signed and ...
Deductible expenses
Business services; Relocation
Deductible expenses are those that are included in the employee's taxable income for which he/she is entitled to claim a federal or state tax deduction.
Credit report
Business services; Relocation
A report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness.
Conveyance
Business services; Relocation
The transfer of the title of land from one person to another.
