A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Basic Terms Used for Real Estate & Mortgages

Real estate & loans may involve other terms. In the event you don't understand some of these terms, ask for help from your real estate agent, lender or attorney.

Quit Claim Deed

A deed which transfers the interest the maker of the deed has in a parcel of land. It is often used to clear the title when the grantor's interest in a property is at question. When accepting a quit claim deed, the buyer assumes all the risks involved.