Transfer Of Physical Assets - TPA

AAA

DEFINITION of 'Transfer Of Physical Assets - TPA'

A type of property sale that requires the assumption of a HUD-sponsored loan. A transfer of physical assets (TPA) can require many other forms to be completed, such as the Assumption of Housing Assistance Payments (HAP) contract. TPAs pertain only to HUD loans and are not applicable to commercial loans.

INVESTOPEDIA EXPLAINS 'Transfer Of Physical Assets - TPA'

Transactions that do not involve a complete change in ownership are known as modified transfers of physical assets. This type of transaction can include a transfer of more than 50% of a property's value that does not dissolve the current mortgagor or partnership. General partners in property ownership can also be exchanged under a MTPA.

RELATED TERMS
  1. Exchange

    A marketplace in which securities, commodities, derivatives and ...
  2. Rollover

    A rollover is when you do the following: 1. Reinvest funds from ...
  3. Tangible Asset

    Assets that have a physical form. Tangible assets include both ...
  4. Transfer

    A change in ownership of an asset, or a movement of funds and/or ...
  5. Asset

    1. A resource with economic value that an individual, corporation ...
  6. Bare Walls Coverage

    A type of insurance coverage that applies to communally used ...
Related Articles
  1. Taxes

    Tax-Efficient Wealth Transfer

    Taxpayers with large taxable estates were required to take steps to reduce them before 2011.
  2. Personal Finance

    Common IRA Rollover Mistakes

    Avoid paying excess taxes by learning some simple transfer rules.
  3. Options & Futures

    How To Avoid Taxation On Life Insurance Proceeds

    Decrease the value of your taxable estate and prevent the tax man from getting you one last time.
  4. Retirement

    Did Your Roth IRA Conversion Pass or Fail?

    If you are moving assets from a Traditional IRA to a Roth IRA, you need to know the associated tax rules.
  5. Retirement

    I work for a university, and I have a 403(b) with TIAA-CREF. But TIAA-CREF says I cannot transfer money ...

    It depends. The IRS does permit the transfer of assets between 403(b) providers; however, employers and 403(b) providers are not required to allow such transfers. Generally, the transfer is permitted ...
  6. Trading Strategies

    What can capitalization rate tell investors about real estate bubbles?

    Learn about capitalization rates and what information investors may glean from them with regard to bubbles. Explore how rates changed in the early 2000s.
  7. Investing Basics

    What is the difference between a REIT and a master limited partnership

    While both are prized for their dividends by income investors, there are notable differences between REITs and master limited partnerships (MLPs).
  8. Fundamental Analysis

    How do you use DCF for real estate valuation?

    Learn how discounted cash flow analysis is used for real estate valuation and the various factors that go into calculating the value of real estate.
  9. Home & Auto

    What does "In Escrow" Mean?

    Escrow is a financial agreement involving two parties, usually a buyer and a seller. The buyer deposits money, securities or other funds into the escrow account, where they are held until both ...
  10. Investing

    Arm's Length Transaction

    An arm’s length transaction describes business deals in which the buyer and seller act independently and with no interest in the other’s benefit.

You May Also Like

Hot Definitions
  1. Treasury Bond - T-Bond

    A marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years. Treasury bonds make interest ...
  2. Weight Of Ice, Snow Or Sleet Insurance

    Financial protection against damage caused to property by winter weather specifically, damage caused if a roof caves in because ...
  3. Weather Insurance

    A type of protection against a financial loss that may be incurred because of rain, snow, storms, wind, fog, undesirable ...
  4. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
  5. Commercial Paper

    An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories ...
  6. Federal Funds Rate

    The interest rate at which a depository institution lends funds maintained at the Federal Reserve to another depository institution ...
Trading Center