New real estate purchase with Nexity: Glossary and vocabulary - A
From Acquisition costs to Adjustable rate or Variable rate
Acquisition costs (FR : Frais d'acquisition)Acquisition costs concern all costs and fees resulting from a real estate sale. They correspond to the total amount of fees, levies, taxes, costs for obtaining administrative documents and notary fees. They are generally payable by the buyer of the real property.
Adjustable rate or Variable rate (FR : Taux variable / Taux révisable)
The adjustable rate is an interest rate on the loan that may vary in the course of the duration of the loan, upwards or downwards, according to the index adopted (market rate, rate peculiar to the banking establishment, combination of several rates, etc.).
MORE








