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– Assignment: Transfer of the real estate property related right
– Chattel Mortgage: Mortgage on personal property
– Construction loan: Interim financing over the course of construction
– Contract of sale / Agreement of Purchase And Sale: Agreement of Purchase and sale defining the terms and essentials with the sale
– Deed: Instrument conveying the title or perhaps an interest in real estate
– Deed of trust / Escrow: Conditional execution and deposit of the written instrument
– Estoppel certificate / Status certificate: A written instrument that will limit the responsibility of the parties involved along with the rights of any other companies. It may be utilized to verify the status from the property including its mortgage and in case of your condominium the operational, legal and financial dimensions with the condominium corporation.
– Extension agreement: An instrument that extends the terms in the agreement
– Installment contracts: An instrument that stipulates periodic payments with the buyer for securing the deed of your property.
– Lease: An instrument that binds the lessee and also the lessor of for a stated time frame.
– Mortgage: An instrument that secures the interest of the lender inside the subject property
– Mortgage bond / Note / / An Instrument that with a promise to Pay:
– Option on property: An instrument that provides option to the client or even the lessee to exercise certain rights concerning buying or leasing of the subject property
– Release from the current contract: An instrument that releases either parties from a previously signed agreement.
– Subordinate agreement to your from the foregoing instruments: An instrument which makes the last lien another lien.
– Title policy or title insurance: An insurance policy that guarantees the title of the property
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