chapter 8 terms

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Author:
kikicutler
ID:
8095
Filename:
chapter 8 terms
Updated:
2010-02-25 09:19:51
Tags:
2 24 10
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Description:
real estate
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  1. caption
    portion of the deed
  2. consideration
    something of value
  3. conveyance
    the transfer of a title or some or all of the ownership rights to real property
  4. deed
    written document that transfers ownership of real property from one person to another
  5. general warranty deed
    deed containing full warranty of title
  6. grantee
    person in whom real property has been transfered by deed
  7. grantor
    transferor of real property by deed
  8. habendum
    clause found in a deed or mortgage
  9. limited warranty deed
    deed wherein the grantor covenants and warrants only against the lawful claims of people
  10. quitclaim deed
    deed that contains no warranties of title

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