Glossary   

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z

Q
Qualification
The process of reviewing a prospective borrower's credit and payment capacity before approving a loan.

Quitclaim Deed
A deed of conveyance that operates, in effect, as a release of whatever interest the grantor has in the property; sometimes called a release deed. The quitclaim deed contains similar language to a deed, with the important exception that rather than using the words grant and release, it contains language such as "demise, release and quitclaim".