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| a written document that evidences ownership |
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| the party who receives a feehold estate in real property from a grantor |
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| the party who transfers a freehold estate in real property to a grantee |
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| a nonamortizing loan that requires periodic payments of interest anda single ballon payment of the principal at the end of the loan term |
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| similar to a general warranty deed, except the covenants and warranties apply only to events that occurred during the grantors period of ownership |
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| a deed that simply states that the grantor has title to the property and the right to convey it but does not contain any express covenants or warranties to the titles validity |
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| a promise ir guarantee made by a grantor in a deed |
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| anything that incurs legal detriment or the gorgoing of a legal benefit |
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| process of placing ones signature on a legal document |
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| covenant of further assurances |
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| an assurance made by the grantor that the grantor will execute any future documents needed to perfect the grantees title |
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| the deed that offers the most protection to the grantee complete with all relvant covenants and warranties |
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| a title free and clear of all past, present, and future claims that would cause a reasonable purchaser to reject such title |
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| an insurance policy that protects property owners and lenders against undiscovered defects in a propertys chain of title |
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| a written history of a propertys chain of title |
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Definition
| an attorneys opinion of the quality of title for a spectific property |
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