What does STP stand for in property?
Short-term lease purchase ( stlp is a property investment strategy where you lease an apartment or home and purchase it at the end of the lease. This gives you the option to renew your lease or not at the end of the term. The property itself becomes yours when you complete the purchase.
What does STP mean in cars?
Short- tray Properties are part of a safety system for your vehicle that monitors how well your car is balanced. In a short-tray system, the area where the weight is located is lower than the vehicle’s center of gravity. If the weight shifts too far forward or backward, the car may experience damage or be unable to safely move.
What does STP mean in real estate?
Short-term property is a type of investment that allows you to capitalize on rising real estate values over a short period of time. You can invest in property with a quick turn-around, such as an apartment building or commercial property, or in something a bit more long-term, such as a single-family home.
What does stp mean in initials?
Stated Transfer Price is a term used in the real estate industry. The stated price is a figure given by the seller to the buyer at the time of sale. It is typically expressed as a percentage of the original purchase price.
What does STP mean in property law?
The acronym Short Term Property is used to describe any property that is held for a short period of time, usually less than one year. Typically, the owner of the property is a financial institution or a company that has taken out a loan to buy the property or refinance an existing mortgage.