Arizona Real Estate Law Cancellation Notice (AAR) The standard AAR form for canceling a residential purchase contract per its terms.
Underwriting & Metrics Back-End DTI Total monthly debt payments (housing + other) divided by gross monthly income.
Mortgage Securitization B-Piece Buyer An investor purchasing the riskiest tranche of a CMBS deal, getting rights to influence underwriting.
Arizona Real Estate Law AAR Arizona Association of REALTORS® — provides the standard contract forms used in most AZ transactions.
Arizona Real Estate Law A.R.S. Title 32 Chapter 20 The Arizona Revised Statutes chapter that governs real estate licensing, transactions, and disclosures.