Holiday Rentals in Victoria

encumbrance
A claim or lien on the property which complicates a title process.

contract to purchase
A contract a buyer initiates which details a purchase price and conditions of a transaction and is accepted by a seller. Also known as an agreement of sale.

blind nailing
Nails driven into the wall and concealed with putty.

leverage
The use of the small amount of cash (for example, the 5 percent down payment) to buy the piece of property.