Commercial and Business Real Estate in Canterbury

shared-equity transaction
A transaction in which two buyers purchase the property, one as the resident co-owner and a other as an investor co-owner.

variable interest rate
A loan rate which moves up and down based on factors including changes in a rate paid on bank certificates of deposit or Treasury bills.

drip loop
A loop in a service conductor which minimizes a chance of water penetration.

replacement reserve fund
Money which is set aside from homeowners' assessments to replace common property such as furniture in the planned development's community room.