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Commercial Mortgage Glossary

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Click on the term to view the definition.

A
Abandonment

Abstract
Abstract of Judgement
Abstract of Title
Abatement
Acceleration Clause
Accomodation Recording
Acknowledgement
Acquisition
Adjustable Mortgage Loans (AML's)
Administrator
Adverse Possession
Affidavit
Agent
All-Inclusive Rate
ALTA (American Land Title Association)
Amendment
Amortized Loan
Annual Percentage Rate (APR)
Appraisal
Approved Attorney
Asset Base
Assumption

B
Back Title Letter or Certificate

Bankruptcy
Beneficiary
Blanket or Trust Deed
Bona Fide Purchaser
Branch
Breach of Contract
Bridge
Building Contract
Buydown

C
Capitalization Rate

Cash Flow
Certificate of title
Close of Escrow
Closing
Cloud on Title
Coinsurance
Collateral
Collateral Security
Commitment
Community Driveway
Community Property
Comparable Sales
Condemnation
Conduit
Conservator
Construction
Constructive Notice
Conveyance
Corporation
Covenant
Covenants, Conditions & Restrictions
Credit Tenant

D
Debt

Debtor
Decree of Distribution
Deed
Deed of Trust or Trust Deed
Deed Restriction
Defect
Defective Title
Demand Note
Deposit
Description

E
Earnest Money Deposit

Easement
Effective Demand
Eminent Domain
Encraochment
Encumbrance
Endorsement
Equity
Escheat
Escrow
Estate
Execution
Executor

F
Fee Simple

File & Use
Fixed Rate Mortgage
Foreclosure
Forfeiture of Title
Forward Commitment
Full Disclosure

G
"Good Faith" or "Mortgage Savings" Clause

Good Faith Purchaser or Mortgagee
Grant
Grantee
Grantor
Grant Deed
Guardian

H
Hard Money

Hazard Insurance
Homestead

I
Impounds

Indemnity

J
Judgement Lien

L
Land Contract

Lease
Legal Description
Lender
Lien

M
Mechanics Lien

Mezzanine
Mortgage
Mortgagee
Mortgagor

N
Note

O
Obligee

Obligor
Original Cost
Owner's Policy

P
Parcel

Partnership
Party Wall
Patent
Personal Property (movable)
"P.I.Q."
PITI
PLAT
Power of Attorney
"PRE", "PRELIM" or Preliminary Report
Priority
Priority Inspection
Public Domain
Public Records

Q
Quitclaim Deed

Quiet Title

R
Real Property (immovable)

Reconveyance
Recording
Refinance
Reinsurance
Restrictions
Right of Way

S
Sale & Leaseback

Search
Securization
Separate Property
Short Term
Squatter
Starter
Street Improvement Bonds
Subdivision
Subbordination Agreement
Surface Rights
Survey
Syndicated Deals

T
Tax Deed

Tax Sale
Testate
Title
Title Insurance
Title Report
Title Search
Trustee
Trustor

U
Underwritten Company

V
Variable Interest Rate

Variable Rate
Vendee
Vendor
Vendor's Lien
Venue
Vesting

W
Waive

Warranty Deed

Source: First American

 

 


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