Residential property

residential property
property zoned for single-family homes, townhouses, multifamily apartments, condominiums, and coops. Residential property falls under different zoning and taxation regulations than commercial property.

Case Study - Partially Residential Property
Tom Stonehouse, a 72-year-old taxpayer, owns a four-unit apartment building that he had purchased five years ago. He occupies one unit as his personal residence and rents out three units.

5billion residential property development project. The managing director of this fund happened to be the head of the Asian Pacific division of one of world's largest investment banks.

Residential property
Property that consists of homes, apartments, townhouses, and condominiums.
Residual assets
Assets that remain after sufficient assets are dedicated to meet all senior debtholders' claims in full.

Residential property: $48 trillion;
Commercial property: $14 trillion;
Equities: $20 trillion;
Government bonds: $20 trillion;
Corporate bonds: $13 trillion;
Total: $115 trillion.

Leased residential property
Leased vacation homes if average rental period is more than 7 days.
Leased condos if average rental period is greater than 7 days.
Leased commercial buildings
Leased land
Mini-warehouses
Self-storage units ...

A type of residential property in which the owner owns both the home and the land on which the home is built.

Mortgage on a residential property, tax-deductible for individuals up to $1 million.
Residential property
Property that consists of homes, apartments, townhouses, and condominiums.
Residual assets ...

Land and residential property are the main investor focus (particularly in Singapore, Hong Kong, and China), but commercial real-estate transactions have also been strong in Q1 2010, up by a further 15% during the quarter, and by 43% on Q1 2009.

When it comes to residential property, estate agents are usually working for the sellor (the vendor) of the property. That's worth remembering when you're a purchaser - the agent sitting in front of you is selling to you! ...

Residential mortgage Mortgage on a residential property, tax-deductible for individuals up to $1 million. Residential property Property that consists of homes, apartments, townhouses, and condominiums.

residential mortgage A type of mortgage of a residential property; up to $1 million is federal and... residential property Property which is zoned for single-family homes, multi-family apartments, townhouses, condominiums, and/or co-ops.

[FDIC] affordable market value A valuation model used to determine the sales price of multi-family residential property sold in the FDIC AHP.

commercial mortgage-backed securities (CMBS) Similar to mortgage-backed securities but backed by loans secured with commercial rather than residential property. Commercial property includes multi-family, retail, office buildings, etc.

Residential Property management (5500 properties, 1.3 million residential units) 34% of revenue and 37% of EBITDA, Brands are FirstService, Continental, Wentworth, Cooper Square, Merit and others 2.

A mortgage bond is a debt obligation secured by a mortgage on a commercial or residential property. A mortgage bond may also be secured by a piece of equipment.

Common ownership of private residential property.
An established board that governs and controls the use of the common property. All owners must be members of the association.
Documents outlining the procedures and rules that govern the association.

Residential property
Residential Property Manager
Residential Purchase Agreement
Residential quarter
Residential Real Estate
Residential Real Estate Specialist
Residential Rough (HVAC)
Residential School
Residential school system
Residential Schools ...

Commercial property can be held by real estate agents who treat it the same as residential property. Signs advertising the availability and size of the commercial property can be erected, and arrangements can be made to buy or lease smaller lots.

Similar to MBS but backed by loans secured with commercial rather than residential property. Commercial property includes multi-family, retail, office, etc.

The Qualifications Framework consists of a core set of competencies sets, A B C followed by 2 electives covering specialist areas such as Insurance and Residential Property Lending.

DEFECT - A condition that materially affects the value or use of residential property in an adverse man...
DEFECT OF RECORD - Any encumbrance on a title that is made a part of the public record. Recorded defect...

A loan made on real estate collateral, other than a residential property, in which a mortgage is given to secure payment of principal and interest.
Mortgage Life insurance (Credit Insurance) ...

A co-op is a corporation that owns a particular residential property. The shareholders are the tenants who, instead of owning an individual unit, own shares in the corporation, which gives them the right to live in that unit.
Copayment ...

Mortgage sector
Securities backed by mortgage loans. These are loans obtained by borrowers in order to purchase residential property or and entity to purchase commercial property.
Amortizing securities
Securities that have an amortization schedule.

Real estate investment trust (REIT)
REITs may invest in commercial and/or residential property and often benefit from favourable tax treatment.

A mutual fund that invest in mortgages. Portfolios of mortgage funds usually consist of first mortgages on Canadian residential property, although some funds also invest in commercial mortgages.
Mutual Fund Prospectus: ...

Negative equity occurs when the value of an asset is less than the amount of a debt secured on it. It is most commonly used of mortgages on property, especially residential property, but may be applied to other types of security.

The Building Societies Act 1997 requires that not less than 75% of a society's business assets are loans fully secured on residential property.
What to do if you need more help ...

Mutual Mortgage Fund: A mutual fund that invest in mortgages. Portfolios of mortgage funds usually consist of first mortgages on Canadian residential property, although some funds also invest in commercial mortgages.

See also: Banks, Saving, Expense, Mergers, Pass-through