Free-Standing Unit Law and Legal Definition
Free-standing unit refers to a mobile home installed on a home-owner's property to accommodate an elderly relative. The Federal National Mortgage Association encourages free-standing unit type of housing arrangement as part of a program to keep senior citizens in their homes or close to their children. Under such program, mortgage lenders make loans with favorable terms to senior citizens from a fund created by Fannie Mae.
Legal Definition list
Related Legal Terms
- Absolute Immunity
- Accompanying the Armed Forces outside the United States
- Accompanying the Federal Government Outside the United States
- Accumulation Unit
- Administrative Conference of the United States
- Administrative Office of the United States Courts (AO)
- Administratively Separate Unit
- Agency of the United States
- Ally of Enemy of the United States
- America's Community Bankers
