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Glossary

Glossary

A

B

C

Certified Cheque

Conditional sale

Coproperty (divided and undivided)

Cost of borrowing

D

E

F

Foreign Exchange

G

Gift (Equity & Monetary)

Gross profit (Net profit)

H

Homeowners’ Association

Home Equity Line of Credit (HELOC)

Homeowners Insurance Binder

N

P

R

S

V

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New Mortgage Mortgage Renewal/Refinance