8 Terms
Home > Industry/Domain > Business services > Relocation
Relocation
Referring to any service that assists a family to move house or a business to move from one establishment to another.
Industry: Business services
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Relocation
Title insurance
Business services; Relocation
Insurance that protects the lender (lender's policy) or buyer (owner's policy) against loss arising from disputes over ownership of a property.
Recording
Business services; Relocation
Filing documents affecting real property as a matter of public record, giving notice to future purchasers, creditors, or other interested parties. Recording is controlled by statute and usually ...
Qualifying ratio
Business services; Relocation
General guidelines that help establish a borrower's borrowing limits for the purpose of obtaining a mortgage.
Qualified buyer
Business services; Relocation
A buyer who is ready, willing, and able to purchase a home and has been pre-qualified by a lender.
Purchase agreement
Business services; Relocation
An agreement between a buyer and seller of real property, setting forth the price and terms of the sale.
Prorations date
Business services; Relocation
The day date of closing between homeowner and purchaser.
Promissory note
Business services; Relocation
A written agreement, and executed by the maker, to pay a specified amount during a limited time. Commonly used to secure equity loans.
