Flipping definition

Flipping a consumer home loan means the making of a consumer home loan that refinances within forty-two months an existing consumer home loan of the borrower when the new loan does not have a reasonable, tangible net benefit to the borrower, considering all the circumstances, including the terms of both the new and refinanced loans, the cost of the new loan, and the borrower's circumstances.
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Flipping means the process of purchasing, renovating, and attempting to sell the property for a quick profit.
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Flipping means knowingly refinancing an existing home loan when any of the following occurs:
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Examples of Flipping in a sentence

  • Flipping is typically a series of short-term releases of discounted rate capacity to two or more affiliated replacement shippers on an alternating monthly basis, without complying with the posting and bidding requirements, that creates a long-term, noncompetitive discounted rate release.

  • Flipping the classroom to improve student performance and satisfaction.

  • Flipping tosses are allowed up to 1 ¼ flipping rotation and 2 additional skills.

  • Flipping the classroom and instructional technology integration in a college-level information systems spreadsheet course.

  • Flipping and running and bouncing off the walls is dangerous and can cause serious injury and must be done at the participants own risk.

  • Flipping involves more risk for organizations with a single journal.

  • Within twelve months of the renovation, the eligible person and the qualifying relation must also ordinarily reside or intend to reside in the property.Effective DateThis measure would apply for the 2023 and subsequent taxation years, in respect of work performed and paid for and/or goods acquired on or after January 1, 2023.Residential Property Flipping RuleThe government is concerned that taxpayers are inappropriately reporting gains on the disposition of real estate acquired for resale at a profit.

  • Bases must remain stationary during the toss.Example: no intentional traveling tosses.Exception: A ½ turn is allowed by bases as in a kick full basket.C. The top person in a toss must have both feet in/on the hands of bases when the toss is initiated.D. Flipping, inverted or traveling tosses are not allowed.E. No stunt, pyramid, individual, or prop may move over or under a toss, and a toss may not be thrown over, under, or through stunts, pyramids, individuals, or props.

  • Flipping the Metabolic Switch: Understanding and Applying the Health Benefits of Fasting.

  • David Horton, Flipping the Script: Contra Proferentem and Standard Form Contracts, 80 U.


More Definitions of Flipping

Flipping means when a person performs, employs others to perform, or for compensation with the intent to sell the structure, arranges to have performed any work described in R.I. Gen. Laws § 5-65-1(3) if within a twelve-month period offers for sale that structure on which that work was performed and who is required to be registered with the Board.
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Flipping means the purchase of property, whether or not remodeled or reconstructed after its purchase, that is sold or transferred to a new owner within six (6) months of its purchase.
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Flipping or "churning" means making a consumer home
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Flipping a mortgage loan means refinancing a mortgage loan within 12 months following the date the refinanced loan was originated, unless the refinancing is in the borrower’s best interest
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Related to Flipping

  • Load Shedding means the systematic reduction of system demand by temporarily decreasing load in response to transmission system or area capacity shortages, system instability, or voltage control considerations under Tariff, Part II or Part III.

  • Dewatering means the removal of water for construction activity. It can be a discharge of appropriated surface or groundwater to dry and/or solidify a construction site. It may require Minnesota Department of Natural Resources permits to be appropriated and if contaminated may require other MPCA permits to be discharged.

  • Coasting has the meaning given by regulations under subsection (3) of section 60B of the Education and Inspections Act 2006 in relation to a school to which that section applies.

  • Enslavement means the exercise of any or all of the powers attaching to the right of ownership over a person and includes the exercise of such power in the course of trafficking in persons, in particular women and children;

  • Loading means the quantity of a specific substance present per unit of surface area, such as the amount of lead in micrograms contained in the dust collected from a certain surface area divided by the surface area in square feet or square meters.

  • Fabrication means making up data or results and recording or reporting them.

  • Exfiltration means any unauthorized release of data from within an information system. This includes copying the data through covert network channels or the copying of data to unauthorized media.

  • rebroadcasting means the simultaneous broadcasting by one broadcasting organisation of the broadcast of another broadcasting organisation.

  • Postproduction means an activity related to the finishing or duplication of a medium described in Subsection 59-12-104(54)(a).

  • Network Area means the 50 mile radius around the local school campus the Named Insured is attending.

  • Pruning means the appropriate removal of not more than one-third of the live branches or limbs of a Tree or more than one-third of the live branches or limbs on a Tree as part of a consistent annual pruning program.

  • Airports means Chicago O’Hare International Airport and Chicago Midway International Airport.

  • Dispensing means any activity involving the retail sale of medical cannabis or medical cannabis products from a dispensary.

  • Filtration means a process for removing particulate matter from water by passage through porous media.

  • Transportation means any land, sea or air conveyance required to Transport the Insured during an Emergency Evacuation. Transportation includes, but is not limited to, air ambulances, land ambulances and private motor vehicles.

  • Slug loading means any pollutant, including oxygen demanding pollutants, released in a discharge at a flow rate and/or pollutant concentration as to cause interference in the POTW.

  • Antenna coating means a coating labeled and formulated exclusively for application to equipment and associated structural appurtenances that are used to receive or transmit electromagnetic signals.

  • Fabricating means to make, build, create, produce, or assemble components or property to work in a new or different manner.

  • Scaling as used herein, involves:

  • Optical means services related to the provision of glasses, contact lenses, tests and treatments carried out by a registered optometrist or ophthalmologist.

  • Plant means the machinery and apparatus intended to form or forming part of the Works.

  • Illicit connection means any man-made conveyance connecting an illicit discharge directly to a municipal separate storm sewer.

  • Stations means the Owned Stations and the Contract Stations.

  • Fiber means a glass strand or strands which is/are protected by a color coded buffer tube and which is/are used to transmit a communication signal along the glass strand in the form of pulses of light.

  • Transportation network company means a company or organization facilitating and/or providing transportation services using a computer or digital application or platform to connect or match passengers with drivers for compensation or a fee.

  • Waterbody means any accumulation of water, surface or underground, natural or artificial, including rivers, streams, creeks, ditches, swales, lakes, ponds, marshes, wetlands, and ground water. The term does not include any storage or treatment structures.