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Definition: A condition in which ownership of real property appears to be good but actually is not good due to a defect.
Pronunciation:
Used in a Sentence: The sale of the property did not go thro...
Definition: Secret agreement or cooperation, especially for an illegal or deceitful purpose
Pronunciation: \kə-ˈlü-zhən\
Used in a Sentence: The company was acting in collusion with manufacturers t...
Definition: Real or personal property pledged as security on a debt.
Pronunciation: \kə-ˈla-t(ə-)rəl\
Used in a Sentence: The adjoining property was pledged as collateral for the debt.
Definition: Any defect, valid claim, or encumbrance that serves to weaken the title or restrict an owner’s rights.
Pronunciation:
Used in a Sentence: The title search revealed there is a cloud on...
Definition: The final settlement between the buyer and seller; date on which title passes from seller to buyer.
Pronunciation: \ˈklō-ziŋ\
Used in a Sentence: The closing date is set for March 15.
Definition: The Civil Rights Act of 1866 is a United States federal law that prohibits any type of discrimination based on race in any real estate transaction (sale or rental), without exception.
P...
Definition: Statements of alleged violations and the penalties to be imposed.
Pronunciation: \sī-ˈtā-shən\
Used in a Sentence: He received a citation for not notifying the DBPR of his change of add...
Definition: A square measuring 24 miles on each side and denoting the largest unit of measure in the government survey system.
Pronunciation: \ˈchek\
Used in a Sentence: There are 16 townships in...