TERMIUM Plus®
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HOME PURCHASER [4 records]
Record 1 - internal organization data 2022-04-14
Record 1, English
Record 1, Subject field(s)
- Real Estate
- Taxation
Record 1, Main entry term, English
- assignment sale
1, record 1, English, assignment%20sale
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
An assignment sale in respect of residential housing is a transaction in which a purchaser(an "assignor") under an agreement of purchase and sale with a builder of a new home sells their rights and obligations under the agreement to another person(an "assignee"). 2, record 1, English, - assignment%20sale
Record 1, French
Record 1, Domaine(s)
- Immobilier
- Fiscalité
Record 1, Main entry term, French
- cession d'un contrat de vente
1, record 1, French, cession%20d%27un%20contrat%20de%20vente
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
Une cession d'un contrat de vente à l'égard d'un logement résidentiel est une transaction dans laquelle un acheteur (un «cédant») en vertu d'un contrat d'achat et de vente avec un constructeur d'une habitation neuve vend ses droits et obligations en vertu de ce contrat à une autre personne (un «cessionnaire»). 2, record 1, French, - cession%20d%27un%20contrat%20de%20vente
Record 1, Spanish
Record 1, Textual support, Spanish
Record 2 - internal organization data 2012-11-29
Record 2, English
Record 2, Subject field(s)
- PAJLO
- Property Law (common law)
Record 2, Main entry term, English
- direction regarding funds
1, record 2, English, direction%20regarding%20funds
correct
Record 2, Abbreviations, English
Record 2, Synonyms, English
- direction to pay 1, record 2, English, direction%20to%20pay
correct
- order to pay 1, record 2, English, order%20to%20pay
correct
Record 2, Textual support, English
Record number: 2, Textual support number: 1 CONT
This type of direction regarding the payment of funds will direct the purchaser of the old home to pay the funds in favor of the vendor of the new home and, thus, will avoid the necessity of depositing the funds from the sale of the old home into a bank account and subsequently drawing a cheque for the amount of money required to purchase the new home.(Rose, 5th ed., 1981, p. 168). 1, record 2, English, - direction%20regarding%20funds
Record 2, French
Record 2, Domaine(s)
- PAJLO
- Droit des biens et de la propriété (common law)
Record 2, Main entry term, French
- directive de paiement
1, record 2, French, directive%20de%20paiement
correct, feminine noun, standardized
Record 2, Abbreviations, French
Record 2, Synonyms, French
Record 2, Textual support, French
Record number: 2, Textual support number: 1 OBS
directive de paiement : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO). 2, record 2, French, - directive%20de%20paiement
Record 2, Spanish
Record 2, Textual support, Spanish
Record 3 - internal organization data 2007-10-26
Record 3, English
Record 3, Subject field(s)
- Real Estate
- Banking
- Loans
Record 3, Main entry term, English
- piggyback mortgage loan
1, record 3, English, piggyback%20mortgage%20loan
correct
Record 3, Abbreviations, English
Record 3, Synonyms, English
- piggyback mortgage 2, record 3, English, piggyback%20mortgage
correct
- piggyback loan 3, record 3, English, piggyback%20loan
correct
- piggy-back mortgage 4, record 3, English, piggy%2Dback%20mortgage
correct
- 80-10-10 loan 3, record 3, English, 80%2D10%2D10%20loan
correct
Record 3, Textual support, English
Record number: 3, Textual support number: 1 CONT
A piggyback mortgage loan is a second loan that closes at the same time as the first mortgage loan. Typically the first mortgage loan is only 80 percent of the home value.... A piggyback loan is usually for 10 percent of the remaining balance, after that the purchaser has to come up with the rest as a down payment. 5, record 3, English, - piggyback%20mortgage%20loan
Record number: 3, Textual support number: 2 CONT
Homeowners who don’t have 20 percent for a down payment and don’t want to pay PMI can opt for a piggyback loan, which is essentially a home equity loan that funds a portion of the down payment. 6, record 3, English, - piggyback%20mortgage%20loan
Record number: 3, Textual support number: 3 CONT
The disadvantage of a piggyback loan is that it could take as long as 10 years to pay off your second loan. 6, record 3, English, - piggyback%20mortgage%20loan
Record number: 3, Textual support number: 1 OBS
Piggyback mortgages are also called 80-10-10 loans 5, record 3, English, - piggyback%20mortgage%20loan
Record 3, Key term(s)
- piggy-back loan
- piggy back loan
- piggy-back mortgage loan
- piggy back mortgage
- 80-10-10 mortgage loan
- 80-10-10 mortgage
- eighty-ten-ten mortgage loan
- eighty-ten-ten mortgage
Record 3, French
Record 3, Domaine(s)
- Immobilier
- Banque
- Prêts et emprunts
Record 3, Main entry term, French
- prêt gigogne
1, record 3, French, pr%C3%AAt%20gigogne
masculine noun
Record 3, Abbreviations, French
Record 3, Synonyms, French
Record 3, Textual support, French
Record number: 3, Textual support number: 1 CONT
Les prêts gigognes occupent également une part du marché importante aux États-Unis, surtout parce qu'ils sont exempts de primes d'assurance hypothécaire. 1, record 3, French, - pr%C3%AAt%20gigogne
Record number: 3, Textual support number: 1 OBS
D'après les recherches effectuées, il s'agit de deux prêts hypothécaires qui se composent ainsi : l'un représente 80% de la valeur de la maison, l'autre 10 % auquel s'ajoute un apport de 10%. Ce type de prêt est souvent appelé «prêt 80-10-10» ou «prêt 80-15-5». L'emprunteur, par conséquent évite ainsi de payer l'assurance hypothécaire privée (PMI). 2, record 3, French, - pr%C3%AAt%20gigogne
Record 3, Key term(s)
- prêt 80-10-10
- prêt 80-15-5
- prêt quatre-vingt-dix-dix
Record 3, Spanish
Record 3, Textual support, Spanish
Record 4 - internal organization data 1976-06-19
Record 4, English
Record 4, Subject field(s)
- Real Estate
Record 4, Main entry term, English
- home purchaser 1, record 4, English, home%20purchaser
Record 4, Abbreviations, English
Record 4, Synonyms, English
Record 4, French
Record 4, Domaine(s)
- Immobilier
Record 4, Main entry term, French
- acheteur-occupant
1, record 4, French, acheteur%2Doccupant
masculine noun
Record 4, Abbreviations, French
Record 4, Synonyms, French
Record 4, Textual support, French
Record 4, Spanish
Record 4, Textual support, Spanish
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