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8 Cards in this Set
- Front
- Back
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Certificate of Reasonable Value CPR |
Issued by Veterans Administration to certify the value of property secured by VA mortgage. |
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Certificate of Title |
A document given by the title examiner stating the quality of title the seller possess. |
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Chattel Mortgage |
one in which personal property is pledged to secure a note. |
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Civil Rights Act 1866 |
A law which prohibits discrimination in real estate transactions based on race-commercial and residential |
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Closing Costs |
the expenses incurred and paid at the time of settlement in the transferring of property |
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Cloud on title |
An claim affecting title to property |
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Co-Insurance |
Coinsurance is a common clause or provision in building insurance policies under which the insured agrees to maintain insurance on his property in an amount equal to 80% of the replacement cost.If the property is not insured and a loss is incurred the insurance company will make the insured share in the loss as pro-rata basis. |
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Collateral |
property which has been pledged as security for a loan |
