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Comparables (comps)
Comparables (comps): An abbreviation for comparable properties used forcomparative purposes in the appraisal process.​​ CALL US AT OUR 24...
Community Property
Community Property: Property acquired during a marriage by either ahusband or wife, or both, which is not separate property. ​ CALL US AT...
Commission
Commission: Compensation due a real estate broker for acting on behalf of the principal. CALL US AT OUR 24 HOUR CUSTOMER SERVICE HOTLINE:...
Cloud on Title
Cloud on Title: Any document, claim, unreleased lien or encumbrance,which, if valid, would affect or impair title to a property.​ CALL US...
Closing Statement
​Closing Statement: A summary, in the form of a balance sheet, showing theamounts of debits and credits to which each party to a real...
Closing Costs
Closing Costs: Expenses, beyond the selling price, such as loan fees, titlefees, etc. Paid when documents are executed and/or recorded...
Closing
Closing: The process of completing a real estate transaction during which theseller delivers title to the buyer in exchange for payment...
Clear Title
Clear Title: Title to property which is free from liens, defects of other encumbrances. CALL US AT OUR 24 HOUR CUSTOMER SERVICE HOTLINE:...
CAP
Cap: The maximum which an adjustable rate mortgage may increase, regardless of index changes.​ ​ CALL US AT OUR 24 HOUR CUSTOMER SERVICE...
Chain of Title
Chain of Title: A chronological list of recorded instruments tracing title toland, from the original owner to the present owner. ​ CALL...
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