The name of the process by which one party to a contract hands off their obligations and benefits to another party.
A homeowner grants an agent acting on their behalf the authorization to request payoff.
The form signed by the beneficiary of the land trust that authorizes the trustee to sign documents on behalf of the beneficiary.
A document that specifies the terms and conditions by which ownership of goods were transferred from one person to another.
The contract between the buyer and the seller of a property used when the seller retains the title to the property until the buyer has paid the sales price in full.
Notice provided by a landlord to a tenant officially notifying the tenant that their residency will be terminated and they must leave the property.
In a land trust, the beneficiary of the trust directs the trustee in all matters affecting the title to the trust property.
A legally recognized written document indicating that a person has the legal authorization to perform important actions.
A document that lays out the details of a planned transaction before those details are finalized.
A legally-binding document stating that a marketer will promote a property.
An agreement between two or more individuals or parties that none of the parties signed to the NCND.
A signed document indicating a promise to pay a stated sum to either a specified person or the legal bearer of the promissory note.
A quit claim deed transfers interest in a piece of property. The grantor (owner) give the grantee (recipient of the deed) their interest in the property.
A legally-binding contract that records the understanding between the purchaser (buyer) of a property and a seller.
A legal contract laying out goods, services, or property that a purchaser will receive in exchange for money (or a money equivalent).
A document provided by a mortgage lender acknowledging that a borrower has paid of a mortgage lien in full.
A real estate deed that guarantees clear title of a property during the specific time period during which the seller of the property owned the property.
A deed that indicates that a seller (grantor) will guarantee that he or she has clear title to a piece of real estate and has the right to sell that property to a buyer (grantee).
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