If the lender has concerns, it may withhold a portion of the reverse mortgage proceeds (known as a life expectancy set-aside) to make the property tax and insurance payments.
If they get inadequate marks on these tests, they may be required to create a "life expectancy set-aside" — essentially a reserve account or escrow funded wholly or in part from their loan proceeds.
Finally, in cases when real-estate taxes are paid from the line of credit, perhaps with a life-expectancy set-aside requirement, any deduction for these taxes should happen as they are incurred rather than repaid.
To contrast two models of timing, Scalar Expectancy Theory (SET) and Learning to Time (LeT), pigeons were exposed to a double temporal bisection procedure.
Expectancy, or set, is also often invoked in efforts to explain the size-weight illusion, in which a large cardboard box feels lighter than a smaller box even though both weigh the same.
Some 280,000 of its people are now living with HIV, about 66,000 children have been orphaned by AIDS and life expectancy is set to drop, it is said, from 64 in 1998 to 42 in 2010.
Purchase prices for equipment were obtained from the two hospitals and anticipated life expectancy was set at 10 years.
Because of a rapid decline in mortality, even in the least developed countries life expectancy is set to rise from an average of 54 years currently to 67 years in 2045 2050, which highlights the important issue of population ageing.
Research on the brain structures involved in temporal information processing has led to the formulation of a modular information-processing model, based on the Scalar Expectancy Theory (SET, [ 4]), postulating the existence of a memory component that is functionally separated from other processing stages.
