Real estate definitions Dictionary provided as a service by Sandee Conley of Century21 Doug Anderson Realty, Lancaster California
Home buyers and sellers - please visit www.real-estate-palmdale.com or call 1-877-SCONLEY for more information on buying or selling a home ANYWHERE in the Antelope Valley and surrounding areas! 

HAPPY TO HELP YOU BUY OR SELL A HOME ANYWHERE IN THE ANTELOPE VALLEY INCLUDING PALMDALE - LANCASTER - QUARTZ HILL - RANCHO VISTA - ACTON - LITTLEROCK - LEONA VALLEY - GREEN VALLEY - ANTELOPE ACRES - CANYON COUNTRY - SANTA CLARITA - VALENCIA ... PLEASE CALL SANDEE AT 1-877-SCONLEY TODAY!Acton - Adelanto - Agua Dulce - Ana Verde Hills - Antelope Acres - Antelope Valley - Canyon Country - Juniper Hills - Lake Elizabeth - Lake Hughes - Lake Los Angeles - Lancaster - Leona Valley - Littlerock - Llano - Palmdale - Pearblossom - Quartz Hill - Rancho Vista - Santa Clarita - Shadow Acres - White Fence Farms - Barrel Springs - Rosamond
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QUADRAPLEX (FOURPLEX):
A building containing four dwelling units.

QUALIFICATION RATE:
The rate of interest used to calculate whether or not a borrower qualifies for a mortgage.

QUALIFICATION REQUIREMENTS:
Those guidelines set by lenders to be used when deciding whether or not an applicant will be given a loan.

QUALIFIED ACCEPTANCE:
Also known as "conditional acceptance". Agreeing to enter a contract provided certain conditions are met.

QUALIFIED BUYER:
A purchaser who has been pre-approved for financing.

QUALIFIED FEE ESTATE:
A legal interest in land which is limited.

QUANTITY SURVEY:
A highly technical process in arriving at cost estimate of new construction.  It is usually used by contractors and experienced estimators.

QUANTUM:
Literally, the amount.

QUARTER SECTION:
A measurement from the Government Survey Method, measuring 2,640 feet on each side and containing 160 acres.

QUIET ENJOYMENT:
The right of a property owner or tenant to enjoy his or her property without interference; right of an owner to the use of property without interference of possession.

QUIET TITLE:
A court action brought to establish title; to remove a cloud on the title.

QUIT CLAIM DEED:
A deed to relinquish any interest in property which the grantor may have.

 


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