|
| Century 21 Bill Bartlett - Glossary |
| qualify | | To meet a mortgage lender's approval requirements | | | | qualifying ratios | | Comparisons of a borrower's debts and gross monthly income | | | | quiet enjoyment | | The right of a property owner or tenant to enjoy his or her property without interference. Disruption of quiet enjoyment may constitute a nuisance. Leases and rental agreements often contain a "covenant of quiet enjoyment," expressly obligating the landlord to see that tenants have the opportunity to live undisturbed | | | | quitclaim deed | | A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transferred, including an actual ownership interest. For example, a divorcing husband may quitclaim his interest in certain real estate to his ex-wife, officially giving up any legal interest in the property. A quit claim deed may also be used to clear up a cloud on the title to the property in cases where there is a question of a possible ownership claim. Compare with grant deed | | | |
|
Privacy Policy
