Deed Description
Definition of "Deed description"
Property description contained in a title deed. A deed description is intended to inform a reasonable person where property is located. It can be described by metes and bounds, by reference to a lot on a filed map by monuments, or by a government survey. A street address may be used, but it is not the best method. The deed description should also include any street rights, or rights of neighbors property. See also legal description.
Popular Real Estate Terms
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Transfer of property from a seller to a buyer. ...
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Written obligation of a borrower that is backed by collateral in the event of default. The lender must assure himself that the market value of the security equals or exceeds the amount of ...
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