Mortgage Terms Glossary

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Wednesday, July 23 2008

Mortgage Terms Glossary

Adjusted book basis -

The purchase price of a property plus any capital improvements less accrued depreciation, if any, to the date of the sale.

Source:

http://www.plazaareaneighbors.com/index.php?pageId=423602&action=mortgage_glossary

Posted by: Rolando Trentini AT 09:13 pm | Permalink | 0 Comments | Email

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