Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
10 Cards in this Set
- Front
- Back
|
abandonment
|
voluntary surrender of a claim or right, such as when a
Declaration of Abandonment terminates a homestead |
|
|
Abstract
|
A brief summary
|
|
|
Abstract of judgment
|
A condensation of the essential provisions of a court judgment
|
|
|
Abstract of Title
|
A summary or digest of the conveyances transfers and any other facts relied on as evidence of the title together with any other elements or record which may impair the title
|
|
|
Acceleration Clause
|
Clause in trust deed or mortgage giving the lender the right to call all sums owing to be and payable upon the happening of a certain event, such as the sale of the property or failure to pay property taxes.
|
|
|
Accession
|
Acquiring title by having property added to your property.
|
|
|
Accrued
|
Accumulated up to this point in time. Accrued interest, or accrued depreciation.
|
|
|
Accrued Depreciation
|
The difference between the cost of replacement new as of the date of the appraisal and the present appraised value.
|
|
|
Acknowledgment
|
A formal declaration before a duly authorized officer by a person who has executed an instrument that such execution is his act and deed.
|
|
|
Acre
|
43,560 square feet of land.
|
