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Real Estate Terms / Real Estate Dictionary


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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.

 


Quanza Hut

Also Quonset Hut. A Quonset hut is a lightweight prefabricated structure of corrugated galvanized steel having a semicircular cross section.
Quanza Hut  

Quitclaim Deed
A deed us

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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