Dictionary

Definition: Imaginary lines running east and west and crossing a principal meridian at a definite point; used by surveyors for reference in locating and describing land under the government survey ...

Definition: Businesses that attract outside money into the area. Pronunciation:\ˈbās ˈin-(ˌ)dəs-trē\ Used in a Sentence:   The Orlando area  has a large number of base industries that attract touri...

Definition: A type of deed in which title is transferred and a limited number of warranties are made regarding title to or use of the property. Pronunciation: \ˈbär-gən\ Used in a Sentence:   When ...

Definition: A single, large payment made at maturity of a partially amortized mortgage to pay off the debt in full. Pronunciation: \bə-ˈlün\ Used in a Sentence:   At the end of his loan period, the...

Definition: A financial report that show’s a company’s financial position at a stated period of time Pronunciation: \ˈba-lən(t)s\ Used in a Sentence:   The buyer requested to see the balance sheet ...

Definition: One who is authorized to perform specific acts for another under a power of attorney. Pronunciation: \ə-ˈtər-nē Used in a Sentence:    The buyer had an attorney-at-fact sign her loan pa...

Definition: A seizure by legal process to prevent removal of property that is expected to be used to satisfy a judgement. Pronunciation: \ə-ˈtach-mənt Used in a Sentence:   An attachment was issued...

Definition: Handling negotiations on one’s own behalf without being subject to the other party’s control or influence. Pronunciation: Used in a Sentence:  Due to the mistrust on the part of the sel...

Definition: The taking over of another’s debts. Pronunciation: \ə-ˈsəm(p)-shən Used in a Sentence:   With the assumption of the mortgage, the buyer was obligated for the  debt.