Dictionary

Definition:   a policy of insurance that protects the holder from any loss resulting from defects in the title Pronunciation:    \ˈtī-təl\ \in-ˈshu̇r-ən(t)s\ Used in a Sentence:    The limited prot...

Definition:   the consummation of a real estate transaction, when the seller delivers title to the buyer in exchange for payment from the buyer of the purchase price Pronunciation:   \ˈtī-təl\ \ˈkl...

Definition:   evidence of ownership of real property, such as a deed Pronunciation:   \ˈtī-təl\ Used in a Sentence:   A person who holds vested ownership rights in property is said to have title.

Definition:   an interior lot that suffers from its location at the end of a t-intersection Pronunciation:  \ˌin-tər-ˈsek-shən\ Used in a Sentence:   T-intersection lots are usually less desirable ...

Definition:   an individual interest in a real property unit together with a right of exclusive use for a specified number of days or weeks a year Pronunciation: Used in a Sentence:   We purchased ...

Definition:   a contract clause that emphasizes punctual performance as an essential requirement of the contract Pronunciation:   \ˈe-sən(t)s\ Used in a Sentence:   The words “time is of the essenc...

Definition:   a row of townships extending east and west in the government survey method Pronunciation:   \ˈtir\ Used in a Sentence:    A township tier is numbered beginning at the base line.

Definition:   generally, a member of the public; not the principal or agent in a transaction Pronunciation: Used in a Sentence:   The escrow agent was the third party in the contract for the sale o...

Definition:   having left a valid will Pronunciation:   \ˈtes-ˌtāt, -tət\ Used in a Sentence:    She died testate.