Glossary

Walk-through

This procedure is the buyer

Warehouse Fee

The fee charged by a lender to introduce a loan

Warranty

A formal guarantee that states that the owner of the property is who they say they are and can be held responsible if the title provided to the buyer is something other than what was discussed.

Warranty Deed

A deed that expresses covenants of a good title and the right of possession are detailed and guaranteed.

Will

A formal document that details the line of succession of items and other real property to specified parties in the event of the owner