R. 67-45.001 Definitions
R. 67-45.002 Notice of Funding Availability
R. 67-45.003 General Program Restrictions
R. 67-45.004 Application Procedures
R. 67-45.005 Terms and Conditions of Loans
R. 67-45.006 Loan Processing
R. 67-45.007 Fees
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Terms Used In Florida Regulations > Chapter 67-45 - Florida Home Ownership Assistance Program/Down Payment Assistance Loan Program

  • Appraisal: A determination of property value.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.