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Dan Schwartz Realty, Inc.
1715 W. Northern Ave, Ste 100
Phoenix, Arizona 85021
Bus: 602.274.8322
Fax: 602.274.8357
© 2005 Aaron F. Shephard
Scottsdale AZ Real Estate - Phoenix AZ Real Estate

Aaron Shephard, REALTOR, e-Pro   Mbl: (480) 980-2893
Anna Shephard, REALTOR   Mbl: (480) 980-4262
Scottsdale Real Estate
THINGS YOU NEED
TO KNOW (coming soon)
"Good Faith" or "Mortgage Savings" CLAUSE: A clause in CC & R's which provides that " a violation thereof shall not defeat or render invalid the lien of any mortgage or deed of trust made in good faith and for value."

Good Faith Purchaser or Mortgagee: A person who buys or lends in good faith, that is, without notice of any existing problem, where value is paid or lent.

Grant: A transfer of real estate, between individuals, by deed. A transfer of real estate from a sovereign is accomplished by patent or royal decree.

Grantee: See Deed.

Grantor: See Deed.

Grant Deed: One of the many types of deeds used to transfer real property. Contains warranties against prior conveyances or encumbrances. When title insurance is purchased, warranties in a deed are of little practical significance.

Guardian: A person appointed by a court to manage the person and/or property of one who is legally incompetent to handle his/her own affairs.