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Quitclaim Deed: a real property deed which conveys only that interest in the property which the grantor has title.

Real Estate: land, improvements, buildings, attached items, and growing things.

Real Estate Agent or Broker: one who is authorized to act on behalf of another in a business matter.

Real Property: includes that which is not physical, all present and future interests, ownership, tenancy, enjoyment, and right to sell or pass on.

Reissue Rate: a discount in the title insurance premium which is granted under certain circumstances and conditions.

Restrictive Covenants: an agreement included in a deed to real property that the buyer will be limited as to future use of the property.

Search: see Title Search.

Settlement or Closing: the final step in the sale and purchase of real estate when deeds of title, financing documents, title insurance polices and remaining funds are exchanged.

Special Warranty Deed: conveys fee title to real property, when seller protects purchaser against any claims created by seller.

Survey: the measurement of the boundaries of a parcel of land, its area and sometimes its topography.