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QUADRAPLEX
A building containing four dwelling units.
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QUALIFICATION RATE
The rate of interest used to calculate whether or not a borrower qualifies for a mortgage.
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QUALIFICATION REQUIREMENTS
Those guidelines set by lenders to be used when deciding whether or not an applicant will be given a loan.
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QUALIFIED ACCEPTANCE
Also known as conditional acceptance. Agreeing to enter a contract provided certain conditions are met.
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QUALIFIED BUYER
A purchaser who has been pre-approved for financing.
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QUALIFIED FEE ESTATE
A legal interest in land which is limited.
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QUANTUM
Literally, the amount.
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QUARTER SECTION
A measurement from the Government Survey Method, measuring 2,640 feet on each side and containing 160 acres.
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QUIET ENJOYMENT
The legal right of an owner or tenant to have uninterrupted use of the property or premises without interference.
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QUIT CLAIM DEED
A conveyance which releases any interest the conveying party may have in a property without any warranty as to that partys claim.
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