Dictionary Conveyancing Terms

Property Law and Conveyancing Glossary of Terms

Search for glossary terms (regular expression allowed)
Begin with Contains Exact term
Term Definition
Finance

Money. Afrikaans - Finansies

Finance Charges

The interest charged on a loan. Afrikaans - Finansieringskoste 

First Mortgage

The primary lien against a property. Afrikaans - Eerste Verband

Fixed Installment

The fixed monthly payment (including interest) due on a mortgage loan. It remains constant for a certain period, and goes hand-in-hand with Fixed Interest Rates. Afrikaans - Vastepaaiement

Fixed Interest Rate

The mortgage interest rate will remain the same for a specified term of the mortgage for the original borrower. Afrikaans - Vaste Rentekoers

Fixtures and Fittings

Attachments to a home, which are deemed to permanently belong to it. If it is permanently attached, nailed or screwed into the floor, wall or ceiling, it is a fixture. Afrikaans - Toebehore

Foreclosure

A legal process by which the lender or the seller forces a sale of a mortgaged property because the borrower has not met the terms of the mortgage. Also known as a repossession of property. Afrikaans - Eksekusie

Freehold

A free-standing house on a plot of ground with its own Erf number. Afrikaans - Eiendomsreg

Full Title

Describes the transfer of full ownership rights to the buyer. Afrikaans - Volledige Titel