Real Estate And Search Engine Optimization Glossary
Declaration of Restrictions A set of restrictions filed by a sub divider to cover an entire tract or subdivision. Dedicated Server Server which is limited to serving one website or a small collection of websites owned by a single person. Dedication The voluntary giving of private property to some public use by the owner, as the dedication of land for streets, schools, etc., in a development. Deed Formal written document transferring title to real estate; a new deed is used for each transfer. The deed should contain an accurate description of the property being conveyed, should be signed and witnessed according to the laws of the State where the property is located, and should be delivered to the purchaser at closing day. Deed-In-Lu (Of Foreclosure) A document given by a borrower to a lender, transferring title of the property. Often used to avoid credit-damaging foreclosure procedures. Deed Of Re-conveyance A document which transfers ownership of a property from a Trustee back to a borrower who has fulfilled the obligations of a mortgage. Deed Of Release A document which dismisses a lien or other claim on a property. Deed Of Surrender A document used to surrender any claim a person has to a property. Deed of Trust An instrument given by the borrower to a third party (trustee) vesting title to the property in the trustee as security for the borrower's repayment of the mortgage loan. Deed of Trust Rider The document required by the lender to be recorded along with the security instrument for an ARM.
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