Glossary W

Wednesday, August 17 2005 @ 03:18 PM CDT

Contributed by: admin


Waive - To relinquish, or abandon; the abandonment of some claim or right.

Warranty Deed A deed in which the grantor fully warrants a good clear title to the property; a deed that contains covenants of title.

Waste - Improper use or damage by one in possession such as tenant or vendee.

Wrap-Around Mortgage Method of financing in which a new mortgage is placed in a secondary position; an all-inclusive mortgage.

Writ Of Execution - A writ or court order authorizing and directing an officer of the court to carry out the judgment or decree of the court.

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