A document that details the purchase price and conditions of the transaction. …
Purchase Contract
A legal document that binds a buyer to purchase a piece of property for a set price, and also binds the seller to sell that property to the buyer. …
Purchase-Money Mortgage (PMM)
A mortgage obtained by a borrower as partial payment for a property. …
Qualifying Ratio
A ratio calculated by a lender to determine how much a potential buyer can borrow. …
Queen Anne Style
A Victorian-era style that originated in England during the reign of Queen Anne and was revived in both England and America in the late 19th century. …
Quiet Enjoyment
The right of a tenant to enjoy his or her property in peace without interference or disturbance by hostile claimants. …