Across
- 3. Processor who reviews the chain of title for the purpose of preparing a Title Insurance Commitment
- 4. Process of replacing an existing mortgage with new mortgage with more favorable term like lower interest rate or shorter loan term
- 6. The process in which the history of real estate is researched, and information is collected regarding ownership liens and encumbrances etc
- 8. Legal document issued by a Title insurance company outlining the conditions under which will issue a title insurance policy
Down
- 1. Licensed professional where individuals and companies buy, sell, and lease properties
- 2. Process of resolving or correcting Property’s title to make it marketable and free of legal complications
- 5. A neutral third party who holds the earnest money deposit, purchase price and documents related to transactions are held until the all conditions in the purchase agreement are fulfilled
- 7. One time fee paid for the Title Insurance policy
