Adjustment Date:
The date agreed to by both parties to a real property transaction for the adjustment of property taxes, rent, interest, and other items. Normally in banks and housing finance companies the date the interest rate changes on an adjustable rate mortgage (House loan or plot loan) indicating the adjustment date.
The date agreed to by both parties to a real property transaction for the adjustment of property taxes, rent, interest, and other items. Normally in banks and housing finance companies the date the interest rate changes on an adjustable rate mortgage (House loan or plot loan) indicating the adjustment date.
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