A bond in real estate refers to a certificate representing a debt obligation that specifies the repayment terms and conditions under which the debt is undertaken.
A co-maker, also known as a cosigner, is a person who jointly signs a loan agreement with the primary borrower, taking on equal responsibility for the loan repayment.
The Remaining Term refers to the amount of time left before a loan or mortgage reaches its maturity date. It represents the period remaining for the borrower to fulfill the debt obligation according to the contractual agreement.
Security interest refers to a legal claim on collateral that has been pledged, usually to obtain a loan or other obligation.
