This information is provided for reference only. Real estate laws are different in each state.
If in doubt about any real estate matter seek the advice of an attorney.
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VA The Veterans Administration, a federal agency which guarantees loans made to qualified veterans on approved property.
Var A measurement of length of 33 1/3 inches.
Variable Rate An interest rate that changes periodically in relation to an index. Payments may increase or decrease accordingly.
Vendee Purchaser.
Vendor Seller.
Void Having no legal force or effect; legally invalid.
Voidable A contract which appears valid and enforceable on the surface, but may be declared invalid by one of the parties, such as a contract entered into by a minor.
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