New York Real Estate Glossary V
(Value in Use - Voluntary Lien)
A1 | A2
| A3 | A4 | B1 | B2 | B3
| C1 | C2 | C3
| D1 | D2 | E1
| E2 | F1 | F2
| F3 |
G1 | G2 | H1
| H2 | I1 | I2
| J | K | L1
| L2 | L3 | M1
| M2 | M3 | N
| O1 | O2
| P1 | P2 | Q
| R1 | R2 | S1
| S2 | T1 | T2
| U | V1 | V2
| W1 | W2 | X
| Y | Z
Value in Use
Discounted value of net cash to be obtained from a property calculated
by consideration of annual cash inflows plus the disposal value.
Variable Interest Rate
Loan rate that changes based on fluctuations in the rate paid on Treasury
bills or bank certificates of deposit.
Variable Rate Mortgage (VRM)
A loan with an interest rate that adjusts with the changes in rates
paid on Treasury bills or bank certificates of deposit.
A buyer of real property.
Legal right of a purchaser of a piece of real estate to the paid purchase
price plus direct costs of acquisition, if the seller fails to render
the deed to the property.
A seller of real estate or other products.
The seller's claim to property held by a buyer as collateral for a debt,
also called a purchase money mortgage.
The responsibility of one person for the acts of another.
Occupant's right to see out of a window without being hindered.
Lien that a homeowner gives, willingly, to a lender, such as a mortgage.