Glossary

Here to help you demystify the closing process

A

American Land Title Association (ALTA)

Assessor Parcel Number (APN)

B

C

Closing Disclosure

Community Property State

Contingent Offer

Contract Purchase and Sales Agreement (PSA)

D

Declaration of Homestead

Disruptive Negotiation

Dower and Curtsey

E

Earnest Money Deposit

Escrow Instructions

F

First American Title

For Sale By Owner (FSBO)

H

Homeowners Association (HOA)

Homeowners Association (HOA) Dues

Homeowners Insurance

I

l

Lender’s Title Insurance

Limited Practice Officer (LPO)

m

Mortgage Broker

Mortgage Insurance

Mortgage Lender

Multiple Listing Service (MLS)

n

National Association of REALTORS™

p

Power of Attorney (POA)

Prelim / Preliminary Title

Purchase and Sale Agreement

R

Real Estate Agent (REA)

Real Estate Attorney

Real Estate Broker

Residential Purchase Agreement (RPA)

Right of Refusal

S

Settlement Statement

t

Tax Identification Number

Title Insurance

Transaction Coordinator

Truth in Lending (TIL) Act

v

w