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Waiver |
The relinquishing of a right |
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Warranty |
A guarantee provided to the purchases regarding
the quality of appliances or fixtures sold Also a promise by the grantor of
a piece of property that he or she is responsible to the buyer if the title of
ownership is defect in any way |
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Warranty deed |
A document conveying ownership of a property
that guarantees a clear, clean title |
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Will |
A written document stating how an individual
chooses to have his or her property distributed after his or her
death |
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Wraparound loan or Wraparound
mortgage |
A method of refinancing which covers the
remaining balance on an existing first mortgage as well as the additional
amount of loan being requested by the mortgagor; full payments covering both
mortgages are made to the Wraparound mortgagee, who then forwards on the
portion of payment due to the first mortgagee |
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| Q |
Where is the world's largest art gallery?
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| A |
At the Winter Palace and Hermitage in St. Petersburg, Russia, visitors would have to walk 15 miles to see the 322 galleries which house almost 3 million works of art.
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See More Real Estate Trivia > |
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Tom Scanlon and Associates Keller Williams Realty Partners, Inc. 11005 Metcalf Ave Overland Park, KS 66210 DIRECT: 913-383-3445 Fax: 913-383-3449 Toll Free: 1-800-762-2836 tomscanlon@NUMBER1EXPERT.com
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