Real Estate Investor – S
Sale-Leaseback – A technique in which a seller deeds property to a buyer for a consideration, and the buyer simultaneously leases the property back to the seller. Sandwich Lease – The combination of a lease held by a lessee (tenant) who becomes a lessor (landlord) by subletting to another lessee (subtenant), in which the sandwich [...]
Real Estate Glossary – T
Tax and Insurance Escrow – An escrow account funded through monthly contributions by the mortgagor, required by a mortgage lender to fund annual property tax assessments and hazard insurance premiums, and thus lowering the risk of default by the borrower. Tax Lien – A lien against a property for failure to pay the taxes. Teaser [...]
