There are currently 3 terms in this directory beginning with the letter W.
Depending on the terms of the contract of sale or based on local custom, a walk-through or pre-settlement inspection may be scheduled prior to settlement or closing of the transaction. The primary purpose of this type of inspection is to make certain the property is in the agreed-upon condition, repairs (if any) from the home inspection are complete, and to confirm that nothing has gone wrong with the property since the buyer’s last viewing.
A limited promise by the grantor of real property that he or she is the owner and will be responsible to the buyer if title is other than as represented.
A written document providing for the distribution of property owned by a person after his or her death.