SHARED EQUITY FINANCE AGREEMENTS
Shared Equity Finance Agreements is when two parties share the purchase of a primary residence. In the agreement the stronger party, in the case of finance, is designated as the investing owner. The remaining party is designated as the occupying owner. Shared Equity Finance Agreements are typically charitable. It usually states that the latter party pay the proportional share of the mortgage payment along with expenses like property taxes and insurance.
POPULAR TERMS
Uptick
An Uptick is a transaction or a business deal for a financial instrument that surpasses the previous transaction in price. If the price of a stock ...
Lock In Profits
Realizing the profits of a position such as buying a stock by exiting at a gain. By doing so, the portion of that investment is no longer vulnerabl ...
Profit
Profit occurs when the amount of revenue gained from a business exceeds the expenses, costs, and tax needed to maintain the business activity.
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Due Diligence Meeting
Meticulous probe conducted by an underwriter, ensuring all details has been revealed to prospective investors before issuing a new security.
Laffer Curve
The relationship between tax rates and tax revenue collected by the government. Formed by Arthur Laffer, the curve states there is an optimal tax i ...
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