Glossary |
Terms that are on use on this site.
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| There are 10 entries in the glossary. |
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| Debt Service | The amount of money to make periodic payments of principal and interest on an amortized loan. |
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| Deed | When properly executed and delivered, this document conveys title to real property from the grantor to the grantee. |
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| Deed in Lieu of Foreclosure | Deed given by a mortgage borrower to the lender for satisfaction of the debt and to avoid foreclosure. |
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| Deed Restrictions | Covenants or conditions in a deed that restrict use of the property. |
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| Deed, General Warranty | Deed in which the grantor warrants the title against defects before or during their period of ownership. |
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| Deed, Limited Warranty | Deed in which the grantor warrants title against defects only during their period of ownership. |
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| Deed, Quitclaim | Deed that conveys any interest in a property that the grantor has at the time the deed is executed. The grantor makes no warranties. |
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| Delivery | Legal transfer of a deed from the grantor to the grantee resulting in the transfer of title. |
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| Dept. of Housing & Urban Development | (Also known as HUD) Cabinet level federal agency including the FHA and Ginnie Mae. |
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| Discount Points | A percentage of the principal amount of a loan that is collected by the lender at the time the loan is originated. |
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Glossary V2.0 |
Real Estate Terms