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.
A disclaimer is a statement that rejects responsibility or renunciation of ownership concerning a specific matter. In real estate, disclaimers are commonly used in financial documents and ownership claims.
In real estate, endorsement refers to the act of signing one's name to authorize a check, note, or other financial document, as well as offering support or credibility to a statement.
An abbreviation of the Latin phrase 'et alii,' meaning 'and others,' commonly used in real estate documents to reference multiple owners or parties involved.
A Memorandum of Lease is a concise document prepared for public recording that includes the key terms of a lease agreement without disclosing the full details of the lease.
A Satisfaction of Mortgage, also known as a Satisfaction Piece, is a document provided by a lender to confirm that a mortgage has been fully repaid by the borrower, thereby releasing the property from the lien of the mortgage.
A satisfaction piece is an essential legal document that indicates the final payment of a mortgage loan, effectively releasing the lien on the property. By recording a satisfaction piece, borrowers officially demonstrate that their loan obligation has been fulfilled.
A tax map is a detailed and comprehensive document that shows the location, boundaries, dimensions, and various relevant information about parcels of land subject to property taxes. These maps are typically bound into books and maintained as public records at local tax offices.
A transmittal letter introduces a larger document, such as an appraisal report, and provides essential information about the origin and purpose of the accompanying document.
