Tag: property

What is 'Qualifying Investment' An investment purchased with pretax income. Money invested in a qualifying investment trust, annuity or plan is exempt...

What is 'Qualified Disclaimer' A refusal to accept property that meets with provisions set forth in the Internal Revenue Code Tax Reform...

What is a qualified appraisal and why do you need one When you're buying or selling a home, it's important to have a qualified appraisal....

What is 'Qualified Personal Residence Trust – QPRT ' A specific type of trust that allows its creator to remove a personal...

What is a Qualified Terminable Interest Property (QTIP)? A Qualified Terminable Interest Property, or QTIP, is a type of trust that provides income to a...

What is 'Vandalism Endorsement' An optional type of coverage that can be added to a basic hazard or property and casualty insurance...

DefinitionVantageScore is a consumer credit-scoring model, created through a joint venture of the three major credit bureaus. The model is managed and maintained by...

What is 'Qualified Exchange Accommodation Arrangements' A strategy used in some 1031 exchanges where a third party, known as an "accommodation party,"...

What is a Quiet Title Action A quiet title action is a legal proceeding used to establish the ownership of real estate when there are...

Definition Vendor finance is a form of lending in which a company lends money to be used by the borrower to buy the vendor's products...