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Terminology: Q

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Terminology: Q

Partial payment
A payment that is less than the agreed upon monthly payment on a loan.
Qualifying ratios
Lenders compute qualifying ratios to determine how much a potential buyer can borrow.
Queen Anne style
A Victorian-era style that originated in San Francisco.
Quiet Enjoyment
Guarantees the tenant't right to use the premises without interference from the landlord.
Quiet title
A court action to remove a claims or objections of other parties on a title.
Quitclaim deed
A deed that releases whatever interest or title a grantor may hold in a property, without claiming any obligations or warranties.
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