Fannie Mae and Freddie Mac, government-sponsored enterprises that guarantee and purchase mortgages, require the parties to sign an arm's length affidavit for short sales—real estate deals in which the seller owes more on the property than they will receive from the buyer. Fannie Mae and Freddie...
In real estate, an arm's length transaction iswhen the buyer and seller each act in their own self-interest to try to get the best deal they can. ... To resolve this discrepancy, both sides agree to meet in the middle and sell the home for its fair market value. In fact, this is...
ARM loans are usually named by the length of time the interest rate remains fixed and how often the interest rate is subject to adjustment thereafter. For example, in a 5y/6m ARM, the 5y stands for an initial 5-year period during which the interest rate remains fixed while the 6m shows...
A Bryant center hole grinder is a machine tool used to grind a center hole, with precisely smooth sides, through the length of a material. The charges further allege that by at least September 2009, Gary Tsai had formed a machine tool company named Factory Direct Machine Tools in Glenview,...
If the sale is completed without real estate agents, you may avoid brokerage fees. There may be a sentimental reason to keep the home within a family or between friends. The process overall is typically quicker than an arm’s length transaction. ...
In the absence of any evidence tending to show that possession or use of a "shotgun having a barrel of less than eighteen inches in length" at this time has some reasonable relationship to the preservation or efficiency of a well regulated militia, we cannot say that the Second Amendment gu...
The Act authorised the retirement on superannuation of any member of the Permanent Force or the Permanent Staff under the Defence Act, 1909, or of the clerical staff of the Defence Department whose age or length of service was such that if five years had been added they would have been enab...
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The Act authorised the retirement on superannuation of any member of the Permanent Force or the Permanent Staff under the Defence Act, 1909, or of the clerical staff of the Defence Department whose age or length of service was such that if five years had been added they would have been enab...