
What is a Codicil, Codicil Definition and Codicil to Will
"Codicil" is an addition to an existing will. When circumstances change or an individual changes his or her …

"Codicil" is an addition to an existing will. When circumstances change or an individual changes his or her …
Microlending is the practice of providing microloans to small business owners. Typically in developing nations, these …
What Is a Fiduciary? A fiduciary is a person or organization that acts on behalf of another or others, putting thei…
A mortgage loan that deviates from standard mortgage practices is an alternative mortgage instrument (AMI). For instanc…
The annual percentage rate (APR) is the yearly interest charged to borrowers or paid to investors. The annual percentag…
A deed in lieu of foreclosure is a document which transfers the property's title from the owner to the lender in e…
A conventional mortgage or conventional loan is any type of homebuyer's loan that is not provided or guaranteed by …
When purchasing a home, borrowers are required to make a monetary contribution that is referred to as the minimum down …
A mortgage broker acts as an intermediary between those offering real estate loans and those seeking to purchase prope…
Escrow is a legal concept that describes a financial arrangement in which an asset or funds are held by a third party o…
The purchase of a home is likely to be the most significant investment you'll ever make in your life. You should th…
Intestate refers to passing away without a will . When a person dies intestate, it is the responsibility of the state&#…
An alternative to a will drafted by an attorney is something called a holographic will, which is a document that is ha…
Escheat refers to a government's legal right to seize estate assets or unclaimed property. It occurs most frequentl…
Estate planning is the preparation of tasks to manage a person's assets in the event of incapacity or demise. Inc…
A grant is an award, typically monetary, that is given by one entity (typically a company, foundation, or government) t…
Grantee What Is a Grantee? The person who is awarded a grant , scholarship, or any other form of financial assist…
A company that engages in the business of dealing with financial as well as monetary transactions such as deposits, loa…
The likelihood that a borrower may not be able to make scheduled repayments over a given period of time, typically one …
Creditworthiness is the method by which a lender determines whether you will default on your debt obligations or wheth…