Homeowner Education

The latest news, tips, and tricks for homeowners

Title

A title document is evidence and recognition of an individual’s right to ownership of something.

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Special Purpose Deed

Also called Administrator’s, Executor’s, Sheriff’s, Tax, Foreclosure, or Gift Deed. Frequently used in connection with court proceedings or persons acting in some type of official

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Residuary Estate

Residuary estate is a probate term that refers to the assets in a deceased person’s estate after all gifts are bequeathed and debts, taxes, administrative

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Probate Sale

The sale of an owner’s property after his death is referred to as a “probate sale.” A probate sale may include real property, such as

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Private Easement

A private easement is when a property owner sells an easement to someone else—for example, to use as a path or driveway or for sewer

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Power of Attorney

Power of attorney is the designation given to someone who has the power to act on behalf of another person’s legal matters. It is in

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Mortgage Deed

A document signed between a homeowner and a bank or lending institution, allowing said institution to put a lien on the property if the loan

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Mortgage

A mortgage is a loan from a bank or other financial institution that helps a borrower purchase a home. The collateral for the mortgage is

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