Bankruptcy is a legal process through which individuals or businesses can seek relief from some or all of their debts. When a person or organization is unable to meet their financial obligations, they …
Bargain Sale
The sale of a piece of property for less than market value. …
Base Loan Amount
The amount upon which loan payments are based. If the borrower finances his or her closing costs, those costs will be added to the base loan amount. …
Base Rent
The set rent payable by a tenant under a lease, to which is added Additional rents as required by the lease (for common area maintenance, for example, or for utilities). …
Baseboard
Any board or molding found at the bottom of an interior wall. …
Baseboard Electric Heat
Heating units installed in the floor that can be controlled by a central thermostat. …