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Property

Equity linked mortgage

A mortgage is a financial agreement in which the borrower pledges their property as collateral in exchange for a loan from the lender. In such a mortgage, the interest on the principal can be calculated annually based on the value of the property. This means that the interest rate may fluctuate depending on the annual return or value of the property. This type of mortgage is commonly referred to as a variable rate mortgage.

Warehouse

A professor of finance would define warehouses as structures specifically constructed for the purpose of storing large quantities of raw materials or finished goods. These g...

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Completion certificate/statement

In the world of finance, a conveyance statement is a document created by solicitors who represent both the buyer and seller in a property transaction. It outlines all paymen...

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Town and country planning

In the realm of finance, one must understand the intricacies of land development and its impact on urban and rural areas. This involves the careful consideration of policy b...

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User

Property utilization refers to the utilization of a property or the right over it. This includes the enjoyment or use of such property for personal or commercial purposes. F...

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