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LaVonnda Cardwell

Real Estate Glossary, Abbreviations, Terms, and Phrases



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Waiver 
The intentional or voluntary relinquishment of a known claim or right. 
  
Walk Through  
(1) A Buyer's on-site inspection of the property being purchased,  just prior to closing. 
(2) A detailed inspection of a new construction home, in which punch list and cosmetic items are addressed, prior to final acceptance. 

Warranty Deed  
A  type of deed that contains express assurances about the legal validity of the title being transferred.  See general warranty deed andspecial warranty deed. 

Writ of Execution 
A court order which authorizes and directs the proper officer of the court (usually the sheriff) to carry into effect the judgment or decree of the court. 

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