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Maximum loan amount

In the realm of finance, the term 'maximum amount financed' refers to the highest sum of money that can be borrowed through a financing scheme. This amount is typically expressed as either a fixed numerical value or a percentage of the asset's overall worth. It is important to carefully consider this figure when making financial decisions, as it can greatly impact the overall cost and feasibility of a particular venture. As knowledgeable individuals in the field of finance, it is crucial to have a thorough understanding of this concept and its implications.

Flexible installment

When determining the installment amount, it is crucial to consider a changeable benchmark. This benchmark serves as a reference point for evaluating the success of an investm...

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Obligation of the borrower

As a financial professional, it is vital to understand the concept of borrower obligations in an agreement. These obligations include maintaining a repayment schedule, regul...

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Clear title

Allow me to introduce to you the concept of "clear title". This term refers to a title that is unquestionably free from any doubts or legal issues. When a property has a cle...

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Sale Deed

A fundamental concept in finance is the deed, a written instrument that conveys ownership of a property in exchange for consideration. This crucial document must be register...

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