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6
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A portion of the purchase price, paid when a contract is agreed upon, it shows the buyer is serious: it is held in a neutral escrow account until the deal is finalized
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8
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The land and all that is attached to it
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9
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The common term for the type of long-term loan people take out to purchase a home
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10
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A person who owns a rental property
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12
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A legal agreement between two or more parties
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13
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Ownership value
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1
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A person who pays for the right to live in a residence owned by someone else
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2
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A portion of the purchase price, paid when a contract is agreed upon, it shows the buyer is serious: an arrangement made under contractual provisions between transacting parties
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3
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The right of ownership of a property, “free and clear” of liens and question of ownership, necessary for sale of the property
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4
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involves a legal document that defines the conditions of a rental agreement between a tenant and a landlord: the term or duration of such a contract
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5
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Money held by a landlord to ensure the tenant abides by the lease and doesn’t damage the property
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7
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The official, recorded document that transfers ownership of a property from the seller to the buyer
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11
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involves a legal document that defines the conditions of a rental agreement between a tenant and a landlord: can be done without a lease
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