Examples include mortgage interest, state and local taxes, unreimbursed business expenses, and charitable contributions . An expense subtracted from adjusted gross income when calculating taxable income , such as for state and local taxes paid, charitable gifts, and certain types of interest payments. Deed of Release A deed that is evidence of the release of a property from a lien . Deed of Surrender A deed that temporarily transfers a property to another person. The document used in some states instead of a mortgage .
Title is conveyed to a trustee rather than to the borrower.
An option which is so far in the money that it is unlikely to go out of the money prior to expiration . A market in which a large number shares can be transacted without affecting the price. A condition or situation treated as standard or official, even if not explicitly stated. A provision in an instrument that nullifies it if specified acts are performed. A person charged in a legal action.