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GLOSSARY
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Graduated Payment Mortgage
A mortgage or deed of trust calling for increasingly higher payments over the term of the loan. This allows the buyer low beginning payments.
Grantee
A person or entity to whom property is transferred; the buyer.
Grantor
A person or entity who grants property or property rights; the seller.
Gross Income Multiplier
A figure which, when multiplied by the annual gross income, will theoretically determine the market value of a property. The ratio between the sale price of a property and its gross income.
Gross Rent Multiplier
The quotient of the sale price divided by the gross rent.
Ground Lease
A lease granting the right to use and occupy land
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