The time between the initial filing of a registration statement and its effective date. The amount for which a property may be sold to cover all expenses. The estate and other advantages outlined above can be achieved only if the property is transferred in exchange for your child's or other individual's unsecured promise to make the annuity payments. When an owner of property is given certain rights to use another's property. One who rents real estate from another and holds an estate by virtue of a lease. The right of an owner to the use of property without disturbance. The rent charged in a subsidized housing project and computed on the basis of a maximum subsidy. In fact, a living trust is tax neutral in terms of both estate and income taxes.

The estimation of a property's price through appraisal. The rate at which an equity investment will be recouped over the life of the investment; the return of investment capital. To obtain physical possession of property by due process of law. Securities that are kept in computerized record form rather than paper certificate form. The result is the same if your spouse owns a policy on your life.

The condition of the property based on its earning potential. The rate of interest remitted to an investor after servicing fees have been deducted from the gross rate. Maximum amount outstanding at any month-end during the period. The difference between the strike price and the price of the underlying security. The national, not-for-profit trade organization that represents the real estate investment trust industry.

An unpaid seller's right to a lien on property until the purchase price is recovered. Type of lease used in cooperative buildings that defines the rights of a tenant or shareholder to occupy a particular dwelling unit. Money given in exchange for an equity position in a transaction for real property. Insurance that reimburses the policyholder for damage to property caused by the peril of flood. The period after construction that a rental property requires to achieve projected stabilized income and occupancy levels. Factory-built or pre-fabricated housing, including mobile homes. For example, home purchasers often include a contingency that specifies that the contract is not binding until the purchaser obtains a satisfactory home inspection report from a qualified home inspector. The effective return on an investment, as paid in dividends or interest.