Glossary
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Assumption of mortgage
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An obligation undertaken by a new purchaser of land to be liable for payment of an existing note secured by a mortgage.
A
Abstract
Acceleration clause
Accommodator
Acknowledgment
Adjustable Rate Mortgage (ARM)
Adjusted Basis
Administrator
Adverse possession
Affiant
Affidavit
Affirmative coverage
Agreement
Alderson Simultaneous Exchange (1963)
All-inclusive rate
ALTA (American Land Title Association)
Amortization (amortize)
Appraisal
Approved attorney
Appurtenance
Assessed valuation
Assessment
Assignment
Assumption of mortgage
Attorney in fact
Attorney’s opinion
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