Welcome > Resources > Real Estate Dictionary - A

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

G

General warranty deed	A deed in which the grantor warrants title against all claims, offering the greatest guarantee of protection of any type of deed, and which is used in most real estate deed transfers of title
Ginnie Mae	The Government National Mortgage Association (GNMA), a United States corporation that guarantees privately issued securities backed by pools of mortgages insured by the Federal Housing Administration, the Farmers Home Administration, or the Veterans Administration
Graduated-payment mortgage (GPM)	A flexible-payment mortgage with monthly principal and interest payments that increase by a certain percentage each year for a certain number of years, and then level off for the remainder of the term
Grantee	The person who, by written document, receives title or an interest in real property from a grantor
Grantor	The person who, by written document, transfers title to or an interest in real property to a grantee
Gross Lease	The most common of residential leases, whereby the landlord pays for all property expenses incurred through ownership, such as taxes, insurance, repairs, etc.
Ground Lease	A long-term lease of land (usually 99 years) that allows the lessee to build and use the land as agreed in the lease, at the end of which, the land and any improvements revert to the owner
Ground rent	The payment made for the use of land when the title to the property is of a leasehold estate, rather than as a fee simple estate
Growing-equity mortgage (GEM)	A fixed-rate loan for which the monthly payments increase over a designated period of time, with the increased amount of the monthly payment being applied directly to the principal balance, thereby shortening the term of the loan
Guarantee mortgage, or Insured mortgage	A mortgage that is guaranteed against default by a third party (such as the FHA), and for which the borrower must pay an insurance premium
Guardian	An individual designated by the Court to protect and preserve the property of someone who is not able to manage his or her own affairs See "Conservator"

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

	About You
* Your Name:
* Your Email Address:
Your Street Address:
City:
State/Province:
Country:
Zip/Postal Code:
Phone:
	Additional Info
Ask Your Question Here!
Send Latest Listings:
Send Latest News:

*Please note that fields marked with an asterisk are required.

Quick Response Guarantee > Your Privacy Is Guaranteed > Free & Without Obligation >

Q  What U.S. state is home to the world's richest woman? A  Alice Walton, daughter of WalMart's founder and heiress to $16.5 billion, lives on a ranch in the state of Texas. See More Real Estate Trivia >

Mike Smith Premier Real Estate & Property Management, LLC 95064 Toftdahl Lane Junction City, Oregon 97448 Phone: 541-234-2288 Fax: 541-234-2187 Cell: 541-954-4946 E-Mail: mikesmithbroker@NUMBER1EXPERT.com Direct E-Mail: BrokerMike@Comcast.net Mike Smith is one of the top Broker's in the Eugene/Springfield area. With over 25 years of Real Estate experience, he has a proven track record that few Broker'can match! Experienced affiliates work with Mike to provide SUPERIOR SERVICE. They free Mike to spend more time with YOU! State of the art computers and other technologies allow Mike to provide fast, efficient, knowledgable, service to his clients! Mike's credentials include. CCIM Canidate, Vast knowledge of 1031 Tax Deferred and Reverse Exchanges, Specializing in Residential, Multi Family Investments, Development Land, Property Management, and Farms/Ranches Serving Lane and South Linn Counties www.mikesmithbroker.com is brought to you by Mike Smith Best Image Agent(s) in real estate for Eugene, Springfield and Lane County, Oregon Read Mike Smith's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.