A loan used to buy property (like a house), with the property itself serving as collateral to secure the debt.
A three-party instrument where the borrower transfers property to a neutral trustee until the loan obligation is satisfied.
A legally binding contract outlines all the terms of sale for goods, services, or property between the buyer and seller.
Property or money brought by the bride to her husband on their marriage
A quitclaim deed is a legal document that transfers whatever ownership interest the grantor has in a property to another party, offering no warranties regarding the title’s validity.
A lease agreement is a legally binding contract between a landlord (or lessor) and a tenant (or lessee) that sets out the terms for renting a property or asset for a defined period.
A property title transfer is the legal process of changing real estate ownership (removing the name of the original owner of the property to the new one), which is finalized by executing and recording a deed.
Refinancing documents are the legal and financial paperwork a lender requires to approve a new loan that pays off an existing one.
A five-page document providing the final details of a mortgage loan, including its terms, estimated monthly payments, and closing costs.
Parties use a real estate affidavit to provide a sworn, written statement of facts regarding a property’s condition, ownership, or transfer.
A legal document that guarantees the seller has a clear title when transferring property ownership to the buyer, offering protection against future title claims.
Functions much like a mortgage: This document grants the lender the right to take ownership of the property upon borrower default, operating similarly to a mortgage.
A writ of fieri facias (often shortened to “fi. fa.“) is a court order commanding a sheriff or law enforcement officer to seize and sell a debtor’s property to satisfy a judgment.
An legal right allowing the owner of the dominant estate to use a specific part of another property, the servient estate, usually for purposes like access.
A real estate plat map is a legally filed document illustrating how a larger tract of land has been subdivided into smaller parcels or lots.
A real estate materialman’s lien is a legal claim placed on property by a supplier to secure payment for unpaid materials used in construction or repair.