Terms Used In CFR > Title 10 > Chapter II > Subchapter D > Part 431 > Subpart R > Energy Conservation Standards

• Appraisal: A determination of property value.
• Contract: A legal written agreement that becomes binding when signed.
• Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. ^{Source: OCC}
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.