W
|
Waiver |
The relinquishing of a right |
|
Warranty |
A guarantee provided to the purchases regarding the quality of appliances or fixtures sold |
|
Warranty deed |
A document conveying ownership of a property that guarantees a clear, clean title |
|
Will |
A written document stating how an individual chooses to have his or her property distributed after his or her death |
|
Wraparound loan or Wraparound mortgage |
A method of refinancing which covers the remaining balance on an existing first mortgage as well as the additional amount of loan being requested by the mortgagor; full payments covering both mortgages are made to the Wraparound mortgagee, who then forwards on the portion of payment due to the first mortgagee |
X, Y, Z
|
Zoning |
e regulation by local government of the use and development of private land |
|
Did you find the word you were looking for?
Is there a real estate word that I failed to explain here in my dictionary for homebuyers and sellers? Let me be your personal real estate dictionary! I'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let me know! I always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let me know! I'm happy to answer ANY questions. It's my job! There's no obligation, and I promise to get back to you quickly... |
