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Construction Loan.

Last updated 08-20-2026

California Department of Real Estate

Updated 08-20-2026

Construction Loan.

INTERMEDIATION — The process of pooling and supplying funds for investment by financial institutions called intermediaries. The process is dependent on individual savers placing their funds with these institutions and foregoing opportunities to directly invest in the investments selected. INTERPLEADER — A court proceeding initiated by the stakeholder of property who claims no proprietary interest in it for the purpose of deciding who among claimants is legally entitled to the property. INTERVAL OWNERSHIP — A form of timeshare ownership.

California Department of Real Estate Glossary

California Department of Real Estate · p. 19

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