A relationship that implies a position of trust or confidence wherein one party is usually entrusted to hold or manage property or money for another.
Floor Area Ratio
The ratio of a building’s floor area to its corresponding land area. Determined by dividing the total floor area of the building by the lot area, it is used in zoning ordinances as a formula to regulate building volume.
The configuration of the building floor, typically shown on a diagram, to show structure and core configuration.
A legal procedure whereby property used as security for a debt is sold to satisfy the debt in the event of default in payment of the mortgage note or default of other conditions in the mortgage document.
The amount that a dollar figure set at one date will be worth at a future date.