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Implied: Not expressed in writing; presumed
or inferred.
Income Property: Property which produces
income from residential or commercial rentals
and profits attributable to real estate other
than rent.
Injunction: A writ or order issued under the
seal of a court to restrain one or more parties
to a suit or proceeding from doing an act which
is deemed to be inequitable or unjust in regard
to the rights of some other party or parties to
the suit.
Installment Note: A note stating a certain
amount that must be paid on the dates specified
in a legal contract.
Instrument: A legal document in writing to
create, alter, modify or terminate a right;
contract
Interest Rate: The percentage of a sum of
money charged for its use.
Investment: Money put in property or other
ventures with the expectation of making a
profit, with sufficient security to return and
protect the capital; not speculation.
Involuntary Conveyance: Sheriff's deed;
tax deed.
Involuntary Lien: A lien imposed against
property without consent of owner. Examples:
taxes, assessments, federal income tax liens,
judgments, etc.
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