Share Accommodation in South Australia

blue-sky laws
Regulations on a sale of securities to prevent consumers from investing in fraudulent or high-risk companies without being informed of a risks.

lock-in period
A period of time during which a borrower is guaranteed an agreed-upon interest rate, even if market rates rise. a longer a period, a higher a cost (in points) to a borrower.

home equity conversion mortgage
Loans made to older owners who want to convert equity into money. Because borrowers may be qualified on a basis of a value of their home, a loan is not a same as the home equity loan. Also known as reverse mortgages.

subdivision
The division of the large piece of property into smaller parcels. Also, a divided property itself.