Real Estate Term of the Day: Clear Title & Cloud on the Title

Real Estate Term of the Day: Clear Title & Cloud on the Title CLEAR TITLE – a marketable title; one free of clouds and disputed interests (Barron’s Dictionary of Real Estate Terms) CLOUD ON THE TITLE – an outstanding claim or encumbrance that, if valid, would affect or impair the owner’s title (to the property) (Barron’s … More Real Estate Term of the Day: Clear Title & Cloud on the Title

Real Estate Term of The Day: Recap of the “A” Terms

ABSORPTION RATE ACCESSIBILITY ACRE ADJUSTABLE RATE MORTGAGE (ARM) ADJUSTMENTS IN APPRAISAL ADJUSTED SALES PRICE AGENCY AGENCY DISCLOSURE AGENT AMENDMENT AMENITIES AMERICAN LAND TITLE ASSOCIATION AMORTIZATION AMORTIZED LOAN AMORTIZATION SCHEDULE AMORTIZATION TERM ANNUAL PERCENTAGE RATE (APR) APPRAISAL APPRAISAL APPROACH APPRAISAL REPORT APPRAISED VALUE APPRECIATION ARCHITECTURE ARREARS ASBESTOS AS IS ASKING PRICE ASSESSED VALUE ASSESSMENT ASSESSOR ASSUMABLE … More Real Estate Term of The Day: Recap of the “A” Terms

Real Estate Term of the Day: American Land Title Association (ALTA)

Real Estate Term of the Day: American Land Title Association (ALTA) AMERICAN LAND TITLE ASSOCIATION (aka: ALTA) – a national association of title companies, abstractors, and attorneys established to promote uniformity and quality in title abstract (a historical summary of all of the recorded instruments and proceedings that affect the title of property) and insurance … More Real Estate Term of the Day: American Land Title Association (ALTA)