Terms & Definitions C-3
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show | Action by the landlord, that makes it impossible to remain and therefore effectively terminates the tenancy (as opposed to actual eviction).
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Construction Mortgage | show 🗑
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Contract | show 🗑
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show | See 'Installment Contract'.
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Contribution | show 🗑
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show | A mortgage that is not insured (F H A loan) or guaranteed (V A loan) by the federal government. Includes loans backed by Private Mortgage Companies (P M I).
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Cooperative Ownership | show 🗑
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Corporeal | show 🗑
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Cost Approach | show 🗑
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Counter Offer | show 🗑
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Covenant Against Encumbrances | show 🗑
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show | Promises made by the grantor in a warranty deed, that they will take any future action necessary to correct any title defects.
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show | Promises made by the grantor in a warranty deed, that the grantee will hold the property free from the claims of third parties.
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Covenant of Right to Convey | show 🗑
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show | Promises made by the grantor in a warranty deed, that they are in possession and hold title.
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Covenant of Warranty | show 🗑
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show | A road with an entry at one end and a circular turn around area at the other end.
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show | The right of the husband to share of his wife's estate at the time of her death. (In Mass, curtesy rights are one-third of the wife’s estate at the time of her death).
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show | The third party in law of agency between a principal, and an agent for whom some service is performed. When a seller (principal) hires a broker (agent) to sell a house; the buyer is the customer.
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