The legal document that transfers ownership of a piece of property.A deed is a legal document that conveys ownership and title of a property from one party (the grantor) to another (the grantee). …
Deed Of Trust
A document that gives a lender the right to foreclose on a piece of property if the borrower defaults on the loan. …
Deep-seal Floor Drain
A drain used to dispose of water from the basement floor to a sewer line. …
Default
The failure to fulfill a duty or discharge an obligation, such as making monthly mortgage payments. Failure to meet certain contractual obligations, such as mortgage payments. Default can lead to …
Deferred Maintenance
Any repair or maintenance of a piece of property that has been postponed, resulting in a decline in property value. …
Delinquent Mortgage
A mortgage that involves a borrower who is behind on payments. If the borrower cannot bring the payments up to date within a specified number of days, the lender may begin foreclosure proceedings. …