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Glossary of Real Estate Terms
SEARCH GLOSSARY
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Glossary D
Deed
A written document by which the ownership of land is transferred from one person to another.
Deed of Trust
See "Mortgage."
Delivery
The final and absolute transfer of a deed from seller to buyer in such a manner that it cannot be recalled by the seller. A necessary requisite to the transfer of title.
Devise
The disposition of real property by will.
Due on Sale Clause
Provision in a mortgage or deed of trust which requires loan to be paid in full if property is sold or transferred.
Note: The terms contained on this website are defined in their most commonly used form. Should more precise interpretations of these terms be necessary, we advise you to seek the counsel of an attorney.