Definition: the right of an owner or lessee legally in possession of property to uninterrupted use of the property without interference from the former owner, lessee or any third party claiming superior title Pronunciation: \ˈkwī-ət\ \in-ˈjȯi-mənt\ Used in a Sentence: A General Warrenty Deed will contain the covenent of quiet ..
Definition: a court action intended to establish or settle the title to a property, especially where there is a cloud on the title Pronunciation: Used in a Sentence: In order to get a clear title on the property we needed to file a quiet tit..
Definition: a type of deed that will effectively convey any present interest, claim or title to real property that the seller may own Pronunciation: \ˈkwit-ˌklām\ \ˈdēd\ Used in a Sentence: I was given a quitclaim deed when I purchased the property from my gr..
Definition: the legal minimum number of people required to be present before a specified meeting can take place Pronunciation: \ˈkwȯr-əm\ Used in a Sentence: A quorum of four members must be present for a FREC meeting to t..
Definition: a measurement, used in the government survey system, consisting of a vertical strip of land six miles wide located between two range lines Pronunciation: \ˈrānj\ Used in a Sentence: Each six-mile wide vertical strip of land on either side of the PM is calle..
Definition: the surveyed north-south lines running every six miles east and west of the principal meridian Pronunciation: \ˈrānj\ Used in a Sentence: To create the grid system, surveyors established vertical range lines parallel to the principal meridian every ..
Definition: a phrase referring to a prospective buyer of property who is legally capable and willing and financially able to consummate the transaction Pronunciation: Used in a Sentence: The broker found a buyer who was ready, willing and able to complete the purchase of the..
Definition: land, including the air above and the earth below, plus any permanent improvements affecting the utility of the land; property that is not personal property Pronunciation: Used in a..
Definition: a part of the real estate business that is concerned with bringing together buyers and sellers and owners and renters and completing a real estate transaction Pronunciation: \ˈbrō-k(ə-)rij\ Used in a Sentence: She works for a real estate broke..
Definition: a commercial activity in which the sale, purchase, leasing, rental, exchange or management of real property is conducted by qualified and licensed parties acting either for themselves or for others for compensation Pronunciation: Used in a Sentence: The real estate business is composed of many specia..