unattached goods
Moveable personal property that goes with the seller (also known as chattels).
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unsecured loan
A loan that is not backed by collateral. |
utility right of way
A type of easement granted to a public utility which allows the utility to enter
onto the property for the purpose of repairing or replacing the utility service.
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| Glossary
of Real Estate Terms - V |
vested
Having the right to use a portion of a fund such as an individual retirement fund.
For example, individuals who are 100 percent vested can withdraw all of the funds
that are set aside for them in a retirement fund. However, taxes may be due on
any funds that are actually withdrawn. |
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| Glossary
of Real Estate Terms - W |
waiver
The act of giving up a known right or claim to something. In this case, it refers
to the waiving of a condition of the Purchase Contract.
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