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Real Estate Glossary This list is provided for reference only. Each state has it's own real estate laws, terms and regulations for Realtors. In Arizona, your Realtor and Title Company handle most real estate transaction activities that involve attorneys in many other states. However, you have the right to seek the advice of an attorney or other professional counsel in any real estate transaction.
Waiver - The intentional or voluntary relinquishment of a known claim or right. Wrap - (Wraparound Loan) A technique which permits an existing loan to be refinanced at an interest rate between the original loan rate and the currently prevailing market rate. Writ of Execution - A court order which authorizes and directs the proper officer of the court (usually the sheriff) to carry into effect the judgment or decree of the court. |
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P7 MenuMagic dwt Control Layer -Do Not Alter