hw: Hardwood Floors. hse: House. ht, htd: Heated.
What does HW mean on a deed?
The words after the names could be “husband and wife” (also abbreviated as H/W), or “joint tenant with right of survivorship” (abbreviated as JTWROS), or “tenants in common.” Each of those phrases means something in law that could affect your rights as an owner.
What are the acronyms in real estate?
Real Estate Abbreviations
- ARV – After-Repaired Value.
- CCIM – Certified Commercial Investment Member.
- COO or C of O – Certificate of Occupancy.
- CMA – Comparative Market Analysis.
- COCR or CCR – Cash on Cash Return.
- COF – Cost of Funds.
- CRE – Creative Real Estate.
- CRE – Commercial Real Estate.
What does wth stand for in real estate?
WTH Withdrawn: Based on the terms agreed to between the Seller and the Listing Broker in the “Termination of Listing Form” (TAR Form 1410) the property is no longer available for showings. Due to the conditions of the “Termination Form” the property cannot be re-listed with another broker.
How does quick deed work?
A quitclaim deed transfers the owner’s entire interest in the property to the person receiving the property but it only transfers what he actually owns, so if two people jointly own the property and one of them quitclaims his interest to his brother, he can only transfer his half of the ownership.
Whats a quick claim?
A California quitclaim deed form is a special type of deed used to transfer real estate without making guarantees about title to the property. A person that transfers property by quitclaim deed makes no promises that he or she owns or has clear title to the property.
What is HBA in real estate?
House Building Advance (financing) HBA.
What is W W closet?
W/W: Wall-to-Wall (as in W/W carpet or window or closet)
Whats the difference in pending and contingent?
A property listed as contingent means the seller has accepted an offer, but they’ve chosen to keep the listing active in case certain contingencies aren’t met by the prospective buyer. If a property is pending, the provisions on a contingent property were successfully met and the sale is being processed.
Can my parents quit claim their house to me?
Yes, if we’re talking about real estate, your father can simply sign a deed transferring the property to you. … When property is quitclaimed to you, your tax basis is the amount your father paid for it.
Can you remove someone from a deed without their knowledge?
In general, a person cannot be removed from a deed without his or her consent and signature on a deed. … A title company will search all transfers to certify the record owners and those with an interest in the property will be required to execute the deed to the purchaser.
What are the disadvantages of a quit claim deed?
Disadvantage. The great disadvantage for the grantee who takes property using a quitclaim deed is the fact that if events prove that the grantor had no title, or limited title, to the property, the quitclaim deed does not allow the grantee to sue the grantor.