Examlex
The five-component framework also applies to simple information systems.
Lender
An individual or institution that provides funds to another with the expectation of repayment plus interest.
Title Examination
The process of reviewing public records to determine and confirm a property's legal ownership, and to identify any claims, defects, or encumbrances that may affect the title.
Title Insurance Company
A company that issues insurance policies to protect purchasers and lenders in real estate transactions from losses due to title defects.
Paralegal
A legal professional who assists attorneys in the delivery of legal services, often involved in case research, document preparation, and other support tasks.
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