Today's Real Estate Dictionary

A service of Fort-Worth-Appraiser.us   Enjoy!

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LEGAL DESCRIPTION - A method of geographically identifying a parcel of land, which is acceptable in a court of law.


SECOND MORTGAGE - A mortgage which ranks after a first mortgage in priority. Properties may have two, three, or more mortgages, deeds of trust, or land contracts, as liens at the same time.

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