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Compound Interest.

Last updated 08-20-2026

California Department of Real Estate

Updated 08-20-2026

Compound Interest.

SINKING FUND — Fund set aside from the income from property which, with accrued interest, will eventually pay for replacement of the improvements. SLANDER OF TITLE — False and malicious statements disparaging an owner’s title to property and resulting in actual pecuniary damage to the owner. SPECIAL ASSESSMENT — 1) Legal charge against real estate by a public authority to pay cost of public improvements such as street lights, sidewalks, street improvements. 2) In a common interest subdivision, a

California Department of Real Estate Glossary

California Department of Real Estate · p. 30

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