WASTE
Allowing or causing a property to suffer damage or change in condition of real property brought about by a current tenant that harms the value of that property. A lawsuit for waste can be brought against a life tenant or lessee of a leasehold estate, either by a current landlord or by the owner of a vested future interest.
WILL A written statement of a person's wishes for the disposition of that person's estate after their death
WRAPAROUND LOAN A secondary financing option in which new money borrowed is blended with the remaining balance on an underlying first loan. A second mortgage is registered as security for the new money but the old mortgage remains in existence and the rate of interest is a blend of the rate chargeable on the old mortgage and the rate chargeable on the newly borrowed money.
WILL A written statement of a person's wishes for the disposition of that person's estate after their death
WRAPAROUND LOAN A secondary financing option in which new money borrowed is blended with the remaining balance on an underlying first loan. A second mortgage is registered as security for the new money but the old mortgage remains in existence and the rate of interest is a blend of the rate chargeable on the old mortgage and the rate chargeable on the newly borrowed money.