Welcome > Resources > Real Estate Dictionary - A

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

G

General warranty deed	A deed in which the grantor warrants title against all claims, offering the greatest guarantee of protection of any type of deed, and which is used in most real estate deed transfers of title
Ginnie Mae	The Government National Mortgage Association (GNMA), a United States corporation that guarantees privately issued securities backed by pools of mortgages insured by the Federal Housing Administration, the Farmers Home Administration, or the Veterans Administration
Graduated-payment mortgage (GPM)	A flexible-payment mortgage with monthly principal and interest payments that increase by a certain percentage each year for a certain number of years, and then level off for the remainder of the term
Grantee	The person who, by written document, receives title or an interest in real property from a grantor
Grantor	The person who, by written document, transfers title to or an interest in real property to a grantee
Gross Lease	The most common of residential leases, whereby the landlord pays for all property expenses incurred through ownership, such as taxes, insurance, repairs, etc.
Ground Lease	A long-term lease of land (usually 99 years) that allows the lessee to build and use the land as agreed in the lease, at the end of which, the land and any improvements revert to the owner
Ground rent	The payment made for the use of land when the title to the property is of a leasehold estate, rather than as a fee simple estate
Growing-equity mortgage (GEM)	A fixed-rate loan for which the monthly payments increase over a designated period of time, with the increased amount of the monthly payment being applied directly to the principal balance, thereby shortening the term of the loan
Guarantee mortgage, or Insured mortgage	A mortgage that is guaranteed against default by a third party (such as the FHA), and for which the borrower must pay an insurance premium
Guardian	An individual designated by the Court to protect and preserve the property of someone who is not able to manage his or her own affairs See "Conservator"

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

	About You
* Your Name:
* Your Email Address:
Your Street Address:
City:
State/Province:
Country:
Zip/Postal Code:
Phone:
	Additional Info
Ask Your Question Here!
Send Latest Listings:
Send Latest News:

*Please note that fields marked with an asterisk are required.

Quick Response Guarantee > Your Privacy Is Guaranteed > Free & Without Obligation >

"A model of how the Internet can facilitate the process of deciding where to send your children to school" - America's Best School Profiles by The Heritage Foundation Pennsylvania Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.   Schools in Lancaster, Manheim Township and Hempfield

Q  What is one of the most unusually shaped buildings in the world? A  The all-suite Arabian Tower hotel near Dubai is 1,052 feet tall, built on a man-made island and shaped like a boat sail. See More Real Estate Trivia >

Ken Offidani Coldwell Banker Select Professionals 1000 N. Prince Street Lancaster, PA 17603 Phone 1: (717) 587-1652 Phone 2: (717) 735-8310 Cell: (717)-587-1652 Fax: (717)-735-8267 koffidani@realtyselect.com The GUARANTEED SAME DAY RESPONSE from The Ken Offidani Team has made us a Lancaster County favorite. Want the price or location of a home? Call or e-mail now and you’ll reach us instantly. www.PremierLancasterPAHomes.com is brought to you by Ken Offidani NUMBER1EXPERT™ in real estate for Lancaster, Manheim Township and Hempfield, Pennsylvania, New Construction, Farms Read Ken Offidani's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.