A reserve for taxes and insurance kept by the lender to which the borrower pays along with regular principal and interest payments. A means of entering. Owners must take title at the same time, by the same instrument, with equal interests, and equal rights of possession. When recorded, the judgment becomes a general lien on the property of the debtor. The seller keeps title while the buyer gets possession.
Title passes when the property has been fully paid for.
A description of real property either by government survey, metes and bounds, or reference to recorded lot, block, and tract. Purchasing real property with a minimum down payment is a use of leverage. An encumbrance which is secured by real estate. Price a willing, informed buyer would pay to a willing, informed seller. A security device for real estate.