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  2. What is a gift letter for a mortgage? - AOL

    www.aol.com/finance/gift-letter-mortgage...

    A gift letter for a mortgage verifies the source of a homebuyer’s gifted down payment funds. The gift letter proves that the funds are in fact a gift and don’t have to be repaid, and that the ...

  3. Assignment (law) - Wikipedia

    en.wikipedia.org/wiki/Assignment_(law)

    The right or benefit being assigned may be a gift (such as a waiver) or it may be paid for with a contractual consideration such as money. The rights may be vested or contingent, [2] and may include an equitable interest. [3] Mortgages and loans are relatively straightforward and amenable to assignment.

  4. 7 ways to give money as a gift - AOL

    www.aol.com/finance/7-ways-money-gift-170121968.html

    Monetary gifts, including cash, gift cards, and money orders are a convenient option. These gifts can be personalized to suit a recipient's preferences or needs. Understand the tax implications of ...

  5. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    Similarly, a loan taken out to buy a car may be secured by the car. The duration of the loan is much shorter – often corresponding to the useful life of the car. There are two types of auto loans, direct and indirect. In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a ...

  6. Gift (law) - Wikipedia

    en.wikipedia.org/wiki/Gift_(law)

    The donee must accept the gift in order for the property transfer to take place. [1] However, because people generally accept gifts, acceptance will be presumed, so long as the donee does not expressly reject the gift. [2] A rejection of the gift destroys the gift, so that a donee cannot revive a once-rejected gift by later accepting it.

  7. 30 Creative & Fun Ways to Give Money as a Gift This Holiday ...

    www.aol.com/lifestyle/30-creative-fun-ways-money...

    2. Cash cake. A cash cake is another creative way to give money as a gift.To make one, stack rolled bills to resemble a layer cake. Secure the bills with ribbons or pins, and decorate with ribbons ...

  8. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...

  9. 5 Smart Ways To Give a Car as a Gift This Season - AOL

    www.aol.com/finance/5-smart-ways-car-gift...

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