A short term mortgage, usually 6 months or 1 year, that allows a borrower to lock in to a longer term at any time without penalty. …
Conveyance
The transfer of title of property. Transfer of ownership of real estate property from one individual to another. …
Conveyance Tax
A tax imposed on the transfer of real property. …
Cooperating Broker
A real estate broker who finds a buyer for a property listed by another broker. …
Cooperative Corporation
A business trust that holds the title to a cooperative residential building and grants occupancy rights to shareholders in the corporation. …
Cooperative Mortgage
Any loan related to a cooperative residential project. …