Offeror at Mortgage Glossary
What is it? The party who makes an offer - usually the buyer.Mortgage Dictionary Term Added By: Benjamin
The Offeror definition has been viewed 180 Time(s)!
Send To Friends!
If you'd like to send the Offeror definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Offeror. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Mortgage Terms:
Mortgage Term LIBOR (London Interbank Offered Rate) is The interest rate charged among banks in the foreign market for short-term loans to one another-a common index for ARM loans.Mortgage Term Specific Performance is An action brought in a court of equity in special cases to compel a party to carry out the terms of a contract. The basis for an equity courts jurisdiction in breach of a real estate contract is the fact that land is unique and mere legal damages would n
Mortgage Term Bif is Bank Insurance Fund
Mortgage Term Mortgage is A legal document used to secure the performance of an obligation. The term mortgage, which is derived from the French words mort meaning dead and gage meaning pledge, is appropriate in that the pledge is extinguished only after the debt is paid. In th
Mortgage Term Mortgagor is In a mortgage transaction, the buyer/borrower is the mortgagor. The mortgagor is required to sign a promissory note for the amount borrowed and to execute a mortgage to secure the debt. The mortgage note creates a personal liability for payment on the par