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Please Define the Following Key Terms

question 70

Short Answer

Please define the following key terms. Show Who? What? Where? When? Why Important?
-experimentation


Definitions:

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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