CFR > Title 43 > Subtitle B > Chapter II > Subchapter C > Part 3500 > Subpart 3506 > Terms; Modifications
Current as of: 2024 | Check for updates
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| § 3506.20 | After my license is issued, may I modify my license or exploration plan? |
| § 3506.25 | Once I have a license, what are my responsibilities? |
Terms Used In CFR > Title 43 > Subtitle B > Chapter II > Subchapter C > Part 3500 > Subpart 3506 > Terms; Modifications
- Appraisal: A determination of property value.
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Statute: A law passed by a legislature.