Interest Rate Mortgage Refinance
Interest Rate Mortgage Refinance
Interest Rate Mortgage Refinance

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Real Estate Terms of the Day for Interest Rate Mortgage Refinance



DOUBLE ESCROW
An escrow set up to handle the concurrent sale of one property and purchase of another property by same party.

BILATERAL CONTRACT
A contract in which each party promises to perform an act in exchange for the other party's promise to perform.

QUALIFIED FEE
An estate in fee which is subject to certain limitations imposed by the owner.

CEILING
The maximum allowable interest rate of an adjustable rate mortgage.

CHAIN OF TITLE
The chronological order of conveyance of a property from the original owner to the present owner.

BUNDLE OF RIGHTS
An ownership concept describing all those legal rights which attach to the ownership of real property, including the right to sell, lease, encumber, use, enjoy, exclude, will, etc.

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