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FHA Escape Clause

In real estate transactions, an F.H.A. Escape Clause is a provision in a purchase agreement that protects a buyer using FHA financing if the property does not appraise for at least the agreed upon purchase price. The clause allows the buyer to cancel the contract...

Baseline and Meridian Line

Imaginary lines used by surveyors to find and describe the location of private or public lands. In...

Bargain and Sale Deed

A bargain and sale deed is a type of real estate deed that transfers ownership of a property from...

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HUD

HOUSING & URBAN DEVELOPMENT

HUD

(Department of Housing and Urban Development)

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