House Buyer Directory Glossary
||The act of applying formal guidelines that provide qualitative and quantitative standards for determining whether or not a loan should be approved.
||An ownership right to use and possession of a property that is shared among co-owners, with no one co-owner having exclusive rights to any portion of the property.
||Real estate that is owned free and clear.
||An instrument that transfers title from one party (grantor) to another party (grantee) without providing public notice of the change in ownership.