Real Estate Glossary: Y

Year-End Statement
A mortgage summary or report that is sent to the borrower at the end of each year. The statement shows the amount of taxes and interest paid on the mortgage during the year, as well as the remaining loan balance.

Year-To-Year Tenancy
A periodic tenancy in which the rent is reserved from year to year.

Yield to Maturity (YTM)
The internal rate of return on an investment. The YTM generally considers all investment returns and the timing of each return.

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Posted by:  Deya Bautista - Real Estate Broker working as part of the McGill Immobilier team. Specializing in high end condos in downtown and Old Montreal. For buying or selling contact Deya at: 514.917.7889


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Comments

  1. Tara Lyons - Belleville Real EstateNo Gravatar says:

    Great Glossary!

    It’s nice idea I might add to my own blog, well done.

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