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WARRANT
A guarantee or covenant, as in a warranty deed.
WARRANTY DEED (GENERAL WARRANTY DEED)
A type of deed containing the strongest and most comprehensive promises of
further assurance possible for a grantor (seller) to convey to a grantee
(buyer).
WARRANTY FOREVER
A provision in a deed guaranteeing that the seller will for all time warrant and
defend the title and possession for the buyer.
WASTE
An improper use or abuse of property by owner who holds less than the fee simple
ownership of it.
WILL
A written document legally executed and containing the essentials of a last will
and testament by which an individual disposes of his or her estate, effective
after death.
WITNESS
A person who gives testimony; one who observes and attests to the signing or
executing of a document.
WRAPAROUND MORTGAGE
A financing technique in which the payment of the existing mortgage is continued
(by the seller) and a new, higher interest rate mortgage, which is larger than
the existing mortgage is paid by the buyer/borrower.
WRIT
A court order directing a party to do a specific act, usually to appear in, or
report to, a court of law.
WRIT OF CERTIORARI
(SEE CERTIORARI, WRIT OF)
An order to bring from a lower court to an appellate court an action or record
of proceedings in case.
WRIT OF MANDAMUS
(SEE MANDAMUS, WRIT OF)
An order of a superior court directing a lower court body to do some specified
act.
WRIT OF SUPERSEDEAS
(SEE SUPERSEDEAS, WRIT OF)
A stay of enforcement; temporary stop in a legal proceeding restraining order. |
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