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REAL ESTATE TERMS
Abstract of title |
A condensed history or summary of all transactions affecting a particular parcel of real estate, including the original grant, all conveyances and encumbrances affecting the property, and the abstractor's certification of the history's accuracy |
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Acceleration clause |
A clause in a mortgage that gives the lender the right to require payment of the entire principal balance if the borrower defaults on an installment payment or other covenant |
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Acceptance |
An offeree's consent to enter into, and be bound by the terms of, a contract
Have you asked yourself what do some of those real estate terms really mean? Here are a few examples of Terms that are used in Real Estate on a regular basis. Take a few minutes to read them and then send us a question or two. We are here to help you with all of your Texoma Real Estate needs. Talk to you soon |
Laura D Filip Broker of TLF PROPERTIES INC
903-271-4978 cell phone text messages
903-564-5911 office contact number
1-855-4TEXOMA toll free
