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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Waiver The intentional or voluntary relinquishment of a known claim or right.
Wrap (Wraparound Loan) A technique which permits an existing loan to be refinanced at an interest rate between the original loan rate and the currently prevailing market rate.
Writ of Execution A court order which authorizes and directs the proper officer of the court (usually the sheriff) to carry into effect the judgment or decree of the court.
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