top of page
Lien
​​ Lien: A recorded document which claims an interest in real property as security for a debt owed. Such liability may be created by...
Legal Description
​​ Legal Description: A description by which property can be definitely located by reference to surveys or recorded maps. Sometimes...
Joint Tenancy
​​ ​Joint Tenancy: A means of ownership in which two or more persons own equal shares in real property. Upon the death of one tenant,...
Impound Account
​​ Impound Account: An account held by a lender for the payment of taxes, insurance or other periodic debts against real property. CALL...
Hidden Defect
​​ Hidden Defect: An encumbrance on a title that is not apparent in the public records; for example, unknown heirs, secret marriages and...
Grantor
​​ Grantor: One who has made a grant. The seller of real property​ CALL US AT OUR 24 HOUR CUSTOMER SERVICE HOTLINE: 1-800-562-0004 Our...
Grantee
​​ Grantee: One to whom a grant is made. The purchaser of real property.​ CALL US AT OUR 24 HOUR CUSTOMER SERVICE HOTLINE: 1-800-562-0004...
Fixture
​​ Fixture: Personal property which is permanently attached to real property, and, as such, becomes part of the real property. ​ CALL US...
Fixed Rate Loan
​​ Fixed Rate Loan: A loan on which the same rate of interest is charged forthe life of the loan.​ CALL US AT OUR 24 HOUR CUSTOMER...
First Mortgage
​​ First Mortgage: A mortgage on property that is superior in right to any other mortgage. CALL US AT OUR 24 HOUR CUSTOMER SERVICE...
Recent Post
bottom of page