Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Limited Liability Company (LLC)
Fannie Mae
Updated 10-31-2026
Limited Liability Company (LLC)
A flexible form of business enterprise that blends elements of partnership and corporate structures. living trust See inter vivos revocable trust.
Fannie Mae Glossary of Terms
Fannie Mae · p. 26
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