Gift deed
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  Gift deed



Gift deed

   A deed in which the consideration is "love and affection." Because the deed is not supported by valuable consideration, the donee (recipient of the gift) may not be able to enforce against the donor certain promises or agreements contained in the deed.

RELATED TERMS
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Deed
A signed, written instrument that conveys title to real property.

Consideration
Anything of value given to induce someone into entering into a contract.



SIMILAR TERMS
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Gift
In the context of mortgage banking, a gift is a bestowal of money that does not have to be repaid, and which is used for a down payment or closing costs.



PREVIOUS AND NEXT TERMS
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Geodesic dome
A structure constructed of lightweight bars forming a grid of polygons.

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Farming-prospecting an area defined by specific "geographic" boundaries. The best geographic farms are particular subdivisions with similar demographics, such as: the price of homes, the ages of residents, family composition, etc.

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GFE
Good faith estimate. A written estimate of expected closing costs that a lender must provide a prospective homebuyer within three days of the homeowner submitting a mortgage loan application.

Gift
In the context of mortgage banking, a gift is a bestowal of money that does not have to be repaid, and which is used for a down payment or closing costs.

Gift deed

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Ginnie Mae
Government National Mortgage Association (GNMA)

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GNMA
Government National Mortgage Association

Goal setting
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This dictionary contains 6433 terms.
      












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