Real Estate Term of the Day: Deed DEED – a written document, properly signed and delivered, that conveys title to real property (Barron’s Dictionary of Real Estate Terms) There are 3 types of deeds that can be used to convey title: General Warranty Deed – one that contains a covenant that the grantor will protect … More Real Estate Term of the Day: Deed
Real Estate Term of the Day: Debit & Credit DEBIT – in a closing statement, an item that is charged to a party in contrast with a credit (Barron’s Dictionary of Real Estate Terms) Typical debits for a buyer include: Purchase price Tax escrow Insurance escrow Title closing fee Deed recording fees Appraisal fee Tax … More Real Estate Term of the Day: Debit & Credit
CAP CERTIFICATE OF OCCUPANCY CLEAR TITLE CLOSING CLOSING AGENT CLOSING COST CLOSING DATE CLOSING STATEMENT CLOUD ON THE TITLE CLUSTER HOUSING CODE OF ETHICS COMMISSION COMMITMENT LETTER COMMON AREAS COMMUNITY ASSOCIATION CO-MORTGAGOR COMPARABLE SALES COMPARATIVE MARKET ANALYSIS CONCESSIONS CONDITIONS CONDITIONAL OFFER CONDITIONS, COVENANTS & RESTRICTIONS CONDOMINIUM CONFORMING LOAN CONTRACT FOR PURCHASE CONVENTIONAL LOAN CONVEYANCE COUNTEROFFER … More Real Estate Term of The Day: Recap of the “C” Terms
Real Estate Term of the Day: Conveyance CONVEYANCE – the transfer of the title of real estate from one to another; the means or medium be which title of real estate is transferred (Barron’s Dictionary of Real Estate Terms) A warranty deed is most often used as a conveyance of ownership at the closing in the … More Real Estate Term of the Day: Conveyance
LESLIE MONACO REAL ESTATE 