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Vesting
Vesting: Denotes the manner in which title is held. Examples of common vestings are: Community Property, Joint Tenancy and Tenancy in...
Unmarkable Title
Unmarkable Title: Title which contains defects that would allow a purchaser to be released from his obligation to purchase. CALL US...
Uniform Settlement Statement
Uniform Settlement Statement: The standard HUD Form 1 required to begiven to the borrower, lender and seller at, or prior to,...
Trustor
Trustor: The borrower under a deed of trust. One who deeds their property to a trustee as security for repayment of a loan. CALL US...
Trustee
Trustee: A person who holds title in trust for the benefit of another. In a deedof trust, the trustee is the person named to hold...
Title Plant
Title Plant: The information warehouse of a title company in which it has accumulated and is constantly updating title records of...
Tenancy in Common
Tenancy in Common: Co-ownership in a property by two or more persons, each of whom has an undivided interest in the whole property....
Tax Lien
Tax Lien: A statutory lien imposed against real property for nonpayment of taxes. CALL US AT OUR 24 HOUR CUSTOMER SERVICE HOTLINE:...
Subordination Agreement
Subordination Agreement: An agreement under which a prior or superior lien is made inferior or subject to an otherwise junior lien....
“Subject To” Clause
“Subject To” Clause: A clause in a contract of sale setting forth any contingencies or special conditions of purchase and sale, such...
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