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Real Estate Dictionary Waterfront Real Estate Property in Florida and Alabama

Find the meaning of all the key terms used in Real Estate Vocabulary. Click on the corresponding letter to find the  word, which are all listed in alphabetical order. We hope this service helps you further.

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QUADRAPLEX:
A building containing four dwelling units.

QUALIFICATION RATE:
The rate of interest used to calculate whether or not a borrower qualifies for a mortgage.

QUALIFICATION REQUIREMENTS:
Those guidelines set by lenders to be used when deciding whether or not an applicant will be given a loan.

QUALIFIED ACCEPTANCE:
Also known as "conditional acceptance". Agreeing to enter a contract provided certain conditions are met.

QUALIFIED BUYER:
A purchaser who has been pre-approved for financing.

QUALIFIED FEE ESTATE:
A legal interest in land which is limited.

QUANTUM:
Literally, the amount.

QUARTER SECTION:
A measurement from the Government Survey Method, measuring 2,640 feet on each side and containing 160 acres.

QUIET ENJOYMENT:
The legal right of an owner or tenant to have uninterrupted use of the property or premises without interference.

QUIT CLAIM DEED:
A conveyance which releases any interest the conveying party may have in a property without any warranty as to that party's claim.

 

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