Glossary |
Terms that are on use on this site.
|
|
You can always search for entries (regexp permitted). |
|
Submit Term |
|
| T |
| There are 14 entries in the glossary. |
| Pages: 1 |
| Tax, Mortgage Registry | The state tax which is charged on all new mortgages of real property in Minnesota. |
| | |
| Tax, Property | Real Estate Tax. |
| | |
| Tax, State Deed | Tax based on the purchase price. |
| | |
| Tenancy in Common | A form of ownership in which two or more persons each have an undivided interest in the entire property, but no right of survivorship. |
| | |
| Tenancy, Joint | A form of ownership in which the co-owners have equal undivided interests and the right of survivorship. |
| | |
| Time is of the Essence | A clause which means that performance on the exact dates specified is an essential element of the contract. |
| | |
| Title | Legal ownership of real property - a deed or other document which evidences that ownership. |
| | |
| Title Insurance | Insurance for protection against losses that result from undiscovered title defects. The owner's policy protects the buyer and the mortgagee's policy protects the lien position of the buyer's lender. |
| | |
| Title Insurance Owner's Policy | Policy for the buyer for protection against claims on the title to your property. |
| | |
| Title Search | Searching public records to determine all rights and encumbrances which would affect title to a piece of property. |
| | |
| Title, Chain of | Chain of deeds or other documents transferring title to a piece of property from one owner to the next. |
| | |
| Title, Clear | A title that is free from encumbrances or defects - marketable title. |
| | |
| Topography | Contours of the surface of the land. |
| | |
| Township | Parcel of land six miles square and containing 36 sections. |
| | |
|
|
Glossary V2.0 |
Real Estate Terms