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-Q-
Qualifying
Ratio
A
calculation used to determine whether a borrower
can qualify for a mortgage. Often referred
to as a debt-to-income ratio or DTI. This
consist of two separate calculations: a housing
expense as a percent of income ratio and total
debt obligations as a percent of income ratio.
Quitclaim Deed
A
deed used to surrender any interest in property
in which the grantor may have without any
warranty of title or interest.
Quite
Title
To
free the title to a parcel of land from the
claims of others by means of a court action
called a quiet title action.
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information. (Real Estate Terms, Investment
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