Browse the glossary using this index
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BILATERAL CONTRACTA contract in which both parties have reciprocal obligations towards each other. | |
BILL OF SALE | |
BINDER | |
BLANKET MORTGAGE | |
BLOCKBUSTINGThe discriminatory practice of encouraging members of one race or creed to move into a neighborhood, and then exploiting the situation by persuading residents to sell their houses at deflated prices because of the alleged social deterioration of the neighborhood. | |
BONA FIDEIn good faith, without fraud; genuine; real. | |
BOND FOR DEED - Civil Law Term:An instrument used in conveying Louisiana properties whereby the seller retains title after execution until such time as a designated amount has been paid in by the buyer (deemed the bond) at which time title passes and the seller assumes the position of a mortgagee with a security interest and the buyer-mortgagor assumes title. | |
BREACH OF CONTRACT | |
BROKER | |
BUDGET MORTGAGE | |