Up-front Mortgage Insurance Premium (ufmip)
Definition: a one time mortgage insurance premium on FHA mortgage loans that is paid at closing Pronunciation: Used in a Sentence:
Jul 07 , 2016
Universal Agent
Definition: a general agent; one authorized to act on behalf of another Pronunciation: \ˌyü-nə-ˈvər-səl\ \ˈā-jənt\ Used in a Sentence: The s...
Jul 06 , 2016
Unilateral Contract
Definition: an agreement in which only one party promises to perform without receiving a reciprocal promise to perform from the other party Pronu...
Jul 06 , 2016
Uniform Standards Of Professional Appraisal Practice (uspap)
Definition: the set of standards that must be followed when performing appraisal services Pronunciation: Used in a Sentence:
Jul 06 , 2016
Unenforceable Contract
Definition: a contract that was valid when made but either cannot be proved or will not be upheld by a court Pronunciation: \ˌən– in-ˈfȯr-sə-b...
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