An offer of a certain amount of consideration. …
Borrower (Mortgagor)
The person or company that receives money from a lender (often a bank, credit union or trust company) in exchange for a written promise to pay and a registered lien on property. …
Biennial
Occurring once in every two years. …
Bottomland
Low lying land, near a water course or in a valley or similar geographic contour. …
Bilateral Contract
A contract which has a balance of consideration promised by the parties, where each promises performance of the contract.A contract in which the parties involved give mutual promises. Also called a …
Boundary
Edge or limit of a property. See "property line".The dividing line between two adjacent properties. …