Examlex
____ can describe any type of data.
Grantor
The person or legal entity that creates a trust, conveys property, or grants a right.
Existing Mortgage
A mortgage that is currently in place on a property, affecting its sale, transfer, or refinancing.
Mortgagor
An individual or entity who borrows money to purchase property and pledges that property as collateral for the loan.
Oral Agreement
A verbal contract between parties that is legally binding, although harder to prove than a written agreement.
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