Real Estate Glossary
Lansing Area Real Estate
REAL ESTATE
 
A B C D E F G H I J L M N O P Q R S T U V W XYZ
 
Q

qualified fee estate
An estate that is subject to certain limitations imposed by the previous owner. Also called a defeasibe fee.

qualified intermediary

Corporation or entity who facilitates a 1031 tax deferred exchange (also known as an "accommodator"). To be a qualified intermediary, the intermediary must not be a related party.

quantity-survey method
The appraisal method of estimating building costs by calculating the cost of all of the physical components in the improvements, adding the cost to assemble them and then including the indirect costs associated with such construction.

quasi contract
A contract implied by law, as a matter of equity, when no actual contract exists.

quiet enjoyment
An implied warranty that the landlord will not interfere with the tenant's reasonable use and enjoyment of a leased property.

quiet title
A court action to remove a cloud on the title.

quitclaim deed
Quitclaim deeds transfer or "quit" any interest in real property. The grantor may not be in title at all, so the grantee cannot assume that the grantor has any real interest to convey. However, if the grantor were, say, married to the owner of the property, signing and recording a quitclaim deed in favor of the spouse would transfer any interest the grantor may have in the property to the spouse.
Common Misspellings: quick claim deed, quit claim deed.
 

A B C D E F G H I J L M N O P Q R S T U V W XYZ
 
 
REAL ESTATE
Lansing, East Lansing, Okemos, Haslett, Williamston, DeWitt, Bath, Perry, Holt, Mason, Leslie, Dansville
Stockbridge,  Webberville, Grand Ledge, Charlotte, Olivet, Potterville, Eaton Rapids, St. Johns, Laingsburg, Owosso, Portland

1651 West Lake Lansing Road, East Lansing, Michigan 48823 

Office:   517-324-3200
Fax:   517-324-3201
Toll Free:   877-326-3772

Email:

Contact Agents

   

Top level Real Estate services for...

  Bath Real Estate
Charlotte Real Estate
Dansville Real Estate
DeWitt Real Estate
East Lansing Real Estate
Eaton Rapids Real Estate
Grand Ledge Real Estate
Haslett Real Estate
 
Holt Real Estate
Laingsburg Real Estate
Lansing Real Estate
Leslie Real Estate
Mason Real Estate
Olivet Real Estate
Okemos Real Estate
Perry Real Estate
Portland Real Estate
Potterville Real Estate
St. Johns Real Estate
Stockbridge Real Estate
Williamston Real Estate
Webberville Real Estate


©TheLawtonGroup 2010

Lansing Michigan Homes For Sale | Relocation | Buying | Selling | MLS Search

Member of the Greater Lansing Association of Realtors
Michigan Association of Realtors       National Association of Realtors
Realtor.com