RE Promulgated Forms Ch. 3 & 4 Quick Key Terms

  1. assumption
    take over legal liability
  2. community property
    marriage property
  3. legal description
    description of property; metes and bonds; recorded plat
  4. non-realty items
    personal property; negotiated in sale
  5. reverse mortgage
    mortgage for old people
  6. commitment
    conditions furnished by title company
  7. restrictive covenants
    deed restrictions; property restrictions
  8. survey
    measurment of property and easements and encroachments
  9. title policy
    owner policy of title insurance
Author
Blue2xa88
ID
324574
Card Set
RE Promulgated Forms Ch. 3 & 4 Quick Key Terms
Description
real estate form terms
Updated