A Deed of Release is a document where one who has limited rights to a piece of real estate, such as a mortgagee or lienholder, abandons those rights back to the owner of the property. It often takes the form of a Quitclaim Deed.
Mortgage life insurance is a type of financial product that ensures mortgage repayment in the event of the borrower's death or disability, safeguarding the homeowner's family and the lender.
A mortgagee is an entity or individual who lends money to a borrower to purchase real estate and holds a lien on the property or title as security for the debt.
