A lien such as a tax lien or
judgment lien, which attaches to all
property of the debtor rather than the
lien of, for example, a trust deed,
which attaches only to a specific
National Mortgage Association (GNMA/Ginnie
A government owned agency
that acts as a secondary market
conduit for FHA and VA loans. GNMA
guarantees the timely principal and
interest payments to investors.
The clause in a law
permitting the continuation of a use,
business, etc., which was permissible
but because of a change in the law is
now no longer permissible.
Rent paid for vacant land.
If the property is improved, ground
rent is the portion attributable to
the land only.
The buyer, who receives a deed.
The buyer, who gives a deed.