Equitable Title


Definition of "Equitable title"

The right to demand that title be conveyed upon payment of the purchase price.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Appellant

Party who petitions a lower court decision to the next higher court or moves a dispute from one jurisdiction to a higher level. ...

Interest Deduction

Interest deductible for taxes paid by the taxpayer. It is an itemized deduction on Form (individuals) or Form 1040 (individuals) or Form 1120 (corpora ...

Reciprocity

Relationship between individuals or entities whereby rights given to one are returned in kind to the other. An example is where one person has the ri ...

Termite Inspection

Inspection required in certain types of sales of property to determine if termites are present within a building. ...

Grid

Series of intersecting lines dividing a map or chart into equal sections. Series of intersecting bars, wires or support as in a grating or suppor ...

Belt Highway

Principal highway designed to divert traffic around a major urban area in order to limit congestion and expedite traffic flow. A belt highway is conne ...

Popular Real Estate FAQ

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obligations. ...

What Happens When A Property Starts To Depreciate?

When a property depreciates it declines in the value of the property due to poor location, dilapidation, or other factors. ...

What Is Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

What Is An Overall Debt Ratio?

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders us ...

What Is Escrow?

Escrow is a trust account created by a neutral third party to hold money for the seller or buyer. When you put down a deposit on a house, for example, ...

How Can I Figure Out My Debt-to-income Ratio?

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of the figure. Most lenders use the ratio 28/36. The ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate? The Ugly Truth About Open Houses

FAQ

What is zoning? How much Life Insurance do I need? What is a mortgagee? What is a closing? Should I Pay Extra Each Month?