Page 31 - ABN Seller's Guide

2020 Seller s Guide Glossary

GLO AR OF TER

A C R F
A legal ela ion hip in hich omeone (p incipal) A e ed b he lende fo a e i ed c edi epo
hi e omeone el e (agen ) o ep e en hem o a f om a c edi b ea .
hi d pa .
D
A a F A doc men hich, hen p ope l e ec ed and
A fee o co e ome of he cha ge of he loan deli e ed, con e i le of eal p ope .
p oce .
D
A a a F To make kno n o p blic. When dealing i h eal

A fee cha ged b he lende fo an app ai al. p ope , all di clo e ho ld be made in i ing.

A Va D P
The al e placed on p ope b he Co n A nego iable fee paid o he lende o ec e
A e o a a ba i fo a a ion. financing fo he b e . Di co n poin a e pf on
in e e cha ge o ed ce he in e e a e on he
Ba Pa loan o e he life, o po ion, of he loan' e m. One
An in ance in hich he final in allmen pa men di co n poin e al one pe cen of he loan
on a no e i g ea e han he p eceding pa men , amo n .
and pa he no e in f ll.
Ea M
C a T Mone depo i ed b a b e a e idence of good
A hi o of con e ance and enc mb ance fai h.
affec ing he i le of eal p ope .

E a
C a M a An hing ha effec o limi he o ne hip of eal
A mo gage ec ing a loan made b in e o
i ho go e nmen nde i ing, hich i no FHA p ope , ch a mo gage , lien , ea emen o
in ed o VA g a an eed. e ic ion of an kind.

C C a E F
P oce of an fe ing o ne hip of p ope f om Cha ge b he i le compan o e ice he
one pe on o ano he . an ac ion and o e c o mone and doc men ,
all paid b he b e .
C F
Cha ge fo deli e . E
The depo i of doc men and f nd i h
in c ion o a ne al hi d pa o ca o he
p o i ion of an ag eemen
o con ac .

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