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Offer “cash for keys”. Asking tenants to leave voluntarily in exchange for a small payment can save landlords from paying court fees, legal representation and other eviction expenses.
Data published by the city controller's office shed some light on 'cash for keys' agreements between renters and landlords across Los Angeles.
Loss mitigation. Loss mitigation[1] is used to describe a third party helping a homeowner, a division within a bank that mitigates the loss of the bank, or a firm that handles the process of negotiation between a homeowner and the homeowner's lender. Loss mitigation works to negotiate mortgage terms for the homeowner that will prevent foreclosure.
Key escrow. Key escrow (also known as a "fair" cryptosystem) [citation needed] is an arrangement in which the keys needed to decrypt encrypted data are held in escrow so that, under certain circumstances, an authorized third party may gain access to those keys. These third parties may include businesses, who may want access to employees' secure ...
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.
Key money is one of several forms of payment made to a landlord. [1] The term has various meanings in different parts of the world. It sometimes means money paid to an existing tenant who assigns a lease to a new tenant where the rent is below market. It sometimes means a bribe to a landlord. In other parts of the world, it is used synonymously ...
A key-agreement protocol is a specialisation of a key-exchange protocol. [ 2] At the end of the agreement, all parties share the same key. A key-agreement protocol precludes undesired third parties from forcing a key choice on the agreeing parties.A secure key agreement can ensure confidentiality and data integrity [ 3] in communications ...
(Reuters) -Cardinal Health on Friday agreed to acquire community cancer center operator Integrated Oncology Network for $1.12 billion in cash, marking its expansion into cancer care.