For the Week ending 10/13/06
Directions: Choose the word that matches with the definition and appropriately fits into the blank space in the sentence.
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Money, property, bond or deed put into the custody of a third party for delivery to a grantee only after the fulfillment of the conditions specified
The money was put into ______ prior to settlement on the house. |
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One who stands in a special relation of trust, confidence, or responsibility in certain obligations to others
The real estate agent was the ______ in the handling of inspections. |
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The difference between the current market value of a property and the total debt obligations against the property
They have not built up much _____ in the home since purchasing it. |
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A right of way, afforded a person to make limited use of another's real property
He received an _____ for the utility project. |
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An estimation of the value of a property on a certain date given by a qualified person, usually after an inspection of the property
They wanted to find out the results of the _____ before buying the home. |