Don't Miss
- How Much Money Is Needed To Invest In Rental Property?
- Should A Real Estate Investor Get An Agent’s License?
- 5 Big Factors That Affect The Costs Of Renovating Your Home
- SIBOR Hike – What You Can Do With Your Current Loan
- 6 Basic Don’ts Of Real Estate Negotiation Tactics
- Will New Condo Relaunches Trigger The Great Property Sale We Have All Been Waiting For?
- 10 Proximity Amenities That Add Value To Real Estate
- How To Get Personal Loans More Easily With Good Credit
Bearer Instrument
By Contributor on July 2, 2019
A bearer instrument is a security that has no registered owner, and anyone who has possession of it would be able to receive payment by presenting it.
While such security instruments have it’s drawbacks, there are certain circumstances when they are the preferred type of security.
You need to know:
What lenders hope you never learn about mortgages
For example, when the issuer cannot be certain of who would be receiving the payment, or when unable to ascertain the legal name of the recipient.
However in such cases, the issuer would usually require the receiver to endorse a receipt to certify that payment has indeed been made via a bearer instrument.
Some types of shares and bonds are structured as bearer instruments.
Real estate understandably are not.
 |
 |
 |
 |
Latest Singapore home loan rates |
Hidden items that bring up mortgage costs |
Hiring a competent agent |
How to burn more calories in the office |
Search From Hundreds Of Publications
Custom Search
0 comments