Real Estate Glossary

(Americans with Disabilities Act) A statute that codifies building standards and conditions for access by Americans with certain disabilities.

A document containing a condensation of the essential provisions of a court judgment.

The act of ending or terminating a nuisance; a type of legal action brought to end a nuisance.

A summary of money judgment. The summary is usually prepared so that it may be recorded thereby creating a (judgment) lien on real estate owned by the judgment debtor.

A summary of the instruments affecting title to a parcel of real property as shown by the public records.

To make a note all due and payable at one time.

A clause in a deed of trust or mortgage giving the lender the right to call all sums owing him or her to be immediately due and payable upon the occurrence of a certain event. It is also a clause that permits a debtor to pay off a loan before the due date.

An essential element of every contract it is the consent to be bound by the offer. In deeds it is the consent to accept a grant of real property.

The right of an owner to go into and out of his or her property.

A person who without receiving value signs a promissory note to help another person borrow money or get credit.