Default Mercury


 

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Qualifying ratio

A ratio calculated by a lender to determine how much a potential buyer can borrow.

Quiet enjoyment
The right of an owner to use his or her property without interference.

QUIET TITLE - To free the title to a piece of land from the claims of other persons by means of a court action called a quiet title action. The court decree obtained is a quiet title decree.

Quit claim deed
A deed operating as a release, intended to pass any title, interest, or claim which the grantor may have in the property, but not containing any warranty of a valid interest or title in the grantor.


Quoin

The outer corner of a building, or the rectangular stone block used to form that corner.