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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.
Incompetent - One who is
mentally incompetent, incapable; any person who, though not insane,
is, by reason of old age, disease, weakness of mind, or any other
cause, unable unassisted to properly manage and take care of himself
or his property.
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
which provides that payments of a certain sum or amount be paid on
the dates specified in the instrument.
Instrument - A legal
document in writing to create, alter, modify or terminate a right.
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; an instrument
against the will of the owner.
Involuntary Lien -
A lien imposed against property
without consent of owner. Examples: taxes, assessments, federal
income tax liens, judgments, etc.
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