Ottawa, Kanata and Orleans real estate and homes for sale in Ontario - The Amyotte Team, REALTOR®

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Real Estate Dictionary

Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

U

Underwriting

The process of analyzing a borrower's capability to honor repayment of a loan (evaluating his or her credit, assets, employment) along with the value of the property being purchased, to help minimize the risk involved for the party lending the purchase money

Unilateral contract

A one-sided contract in which only one party is legally under obligation by the terms of the contract; one party promises an action to the second party, who is not legally required to respond, but if the second part does comply, then the first party is obligated to honor the promise made

Unsecured loan

A loan that is not guaranteed by collateral

Usury

The act of charging more than the maximum rate of interest permitted by law

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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Q	In what U.S. home can you find the world's largest refrigerator magnet collection?
A	Louise Greenfarb of Las Vegas, Nevada has 35,000 unique fridge magnets that she has been collecting since the 1970's.
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The Amyotte Team, REALTOR®, real estate agent and broker for Ottawa, Kanata and Orleans, Ontario home listings, property and land for sale

The Amyotte Team
Keller Williams Ottawa Realty
610 Bronson Avenue
Ottawa ON K1S 4E6
Direct: 613-237-5996
Office: 613-236-5959
Fax: 613-237-8611
Helene Amyotte: Team Leader, Sales Repr
Lauralea McNeely: Team Manager, Broker
Email: Info@Amyotte.com
Svetlana Kouzmina: Transaction Administrator
We work in all parts of Ottawa, from Kanata to Orleans, and from Downtown to Hunt Club, Barrhaven and beyond. We're a Citywide team of experts for your Real Estate needs.

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