Gross income multiplyer - Study guides, Class notes & Summaries

Title Theory lender owns, borrower has equitable title Hypothecation pledging property as collateral for a loan without giving up possession Mortgagee Lender Mortgagor borrower Non Judicial foreclosure *CO: Public trustee has power to foreclose 1.Lender complains 2. Notice given 3. trustee sells after 125 days Strict foreclosure No sale. Full legal title given to lender, loss of equity for borrower Judicial foreclosure done through courts in *Ti...

Title Theory - Answer - lender owns, borrower has equitable title Hypothecation - Answer - pledging property as collateral for a loan without giving up possession Mortgagee - Answer - Lender Mortgagor - Answer - borrower Non Judicial foreclosure - Answer - *CO: Public trustee has power to foreclose 1.Lender complains 2. Notice given 3. trustee sells after 125 days Strict foreclosure - Answer - No sale. Full legal title given to lender, loss of equity for borrower Judicial f...

GENERAL NOTICE NOTICE 1376 OF 19994 DEPARTMENT OF HOUSING THE WHITE PAPER ON HOUSING IS HEREBY PUBLISHED FOR COMMENT. All interested persons are invited to furnish written comments to the Director-General, Department of Housing, Private Bag X644, Pretoria, 0001, not later than 31 January 1995. WHITE PAPER A new Housing Policy and Strategy for South Africa Contents 1. PREAMBLE 2. HOUSING AND THE ECONOMY 2.1 INTRODUCTION 2.2 MACRO-ECONOMIC PERFORMANCE 2.2.1 Economic grow...