Tag: financing

DefinitionLayaway is an agreement in which the seller reserves an item for a consumer until the consumer completes all the payments necessary to pay...

What is 'Land Value' Land value is the value of a piece of property, including both the value of the land itself...

When it comes to buying a home, there are many different options available to you. One of those options is the land lease option....

What is 'Lease Payments' A line item under long-term debt on a balance sheet that indicates the value of future lease payments...

What is a land contract and how does it works? A land contract is a contract between the buyer and seller of a piece of...

DefinitionThere are two distinct definitions of a land trust... Land Trust What is 'Land Trust' A legal agreement where a trustee is...

What is 'Land Flip' A fraudulent practice in the real estate business of selling undeveloped land at highly inflated prices. A land...

DefinitionA lease option is a type of contract used in both residential and commercial real estate. In a lease-option, a property owner and tenant...

What is an earnout and how does it work An earnout is a performance-based bonus that is paid out over time, typically in addition to...

What is 'Earmarking' Earmaking consists of funds (or capital) that are set aside to pay for a specific project or event. In...