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Attorney's opinion of title
Attorney's opinion of title An abstract of title that an attorney has examined and has certified to be, in his or her opinion, an accurate statement of the facts concerning the property ownership.
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Abstract
A summary; an abridgment.
Title
1) The rights of ownership and possession of particular property. 2) In real estate usage, title may refer to the instruments or documents by which a right of ownership is established (title documents), or it may refer to the ownership interest one has in the real estate.
Statement
A detailed record of transactions in a bank customer's account(s) for a certain period, usually each month, which shows debits, credits, transfers, payroll deposits, account balance, check fees, service charges, ATM activity, etc.
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
Ownership
The right to possess and use property to the exclusion of others.
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Attachment
Seizure of property by court order, usually done in a pending law suit to make property available in case of judgment.
Attorn
To agree to recognize a new owner of a property and to pay him-her rent.
Attorney general
The chief law officer of the federal or state government, who appears for the people in criminal court.
Attorney-in-fact
A competent and disinterested person who is authorized by another person to act in his or her place.
Attorneys' fees
Attorneys to be paid by one or both parties in case of litigation.
Attorney's opinion of title
Attractive nuisance doctrine
An owner has a duty to reasonably protect children from injury when his or her property is likely to attract children.
Auction
The selling of any property, in public by a licensed auctioneer, who offers the property for sale, starting at a price possibly much below its value, and endeavours to persuade those present to make successively increased bids until it is knocked down to the highest bidder.
Auctioneer
One who is licenced to sell or offer for sale real estate where people become purchasers by competing against each other.
Automated underwriting
Computer systems that permit lenders to expedite the loan approval process and reduce lending costs.
Automatic extension
A clause in a listing agreement that states that the agreement will continue automatically for a certain period of time after its expiration date.
This dictionary contains 6433 terms. |
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