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Definitions (60)
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affiant
One who makes an affidavit.
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affidavit
A document that gives a written or printed declaration or statement of facts, which is confirmed by an oath or affirmation.
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affidavit of heirship
Same as affidavit, but specifically establishing heirs of a decedent.
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certified copy
A true copy, attested to be true by the office holding the original.
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construction loan
Short term financing of real estate construction. Generally followed by long term financing called a "take out" loan, issued upon completion of improvements.
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debtee
Person lending.
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debtor
One who owes a debt.
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deed in lieu of foreclosure
A deed given by an owner/borrower to a lender to prevent the lender from bringing foreclosure proceedings.
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easement
A right created by grant, reservation, agreement, prescription, or necessary implication which one has in the land of another. It is either for the benefit of land such as a right to cross. A to get to B, or "ingress" such as a public utility easement.
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egress
A term concerning a right to come and go across the land (public or private) of another. Usually a part of the term ingress and egress.
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