Michael Petruccelli asks; What is right of ingress or egress?

Michael Petruccelli says; The right to enter or leave designated premises.

Michael Petruccelli asks; What is right of first refusal?

Michael Petruccelli says; A provision in an agreement that requires the owner of a property to give another party the first opportunity to purchase or lease the property before he or she offers it for sale or lease to others.

Michael Petruccelli asks; What is a secondary market?

Michael Petruccelli says; The buying and selling of existing mortgages, usually as part of a "pool" of mortgages.

Michael Petruccelli asks; What is a second mortgage?

Michael Petruccelli says; A mortgage that has a lien position subordinate to the first mortgage.

Michael Petruccelli asks; What is a sale-leaseback?

Michael Petruccelli says; A technique in which a seller deeds property to a buyer for a consideration, and the buyer simultaneously leases the property back to the seller.

Michael Petruccelli asks; What is a secured loan?

Michael Petruccelli says; A loan that is backed by collateral.