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2. Security interest - Wikipedia

   en.wikipedia.org/wiki/Security_interest

   Security interests in real property continue to be governed by non-uniform laws (in the form of statutory law or case law or both) which vary dramatically from state to state. In a slight majority of states, the deed of trust is the primary instrument for taking a security interest in real property, while the mortgage is used

3. Security agreement - Wikipedia

   en.wikipedia.org/wiki/Security_agreement

   The document used by lenders to obtain a lien on real property is a mortgage or deed of trust. The security agreement sets out the various rights the grantee will have with respect to the collateral, which are in addition to all other rights which the lender may have by law, such as those rights contained in Article 9 of the Uniform Commercial ...

4. Surety - Wikipedia

   en.wikipedia.org/wiki/Surety

   In finance, a surety / ˈ ʃ ʊər ɪ t i /, surety bond, or guaranty involves a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. Usually, a surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee ) a certain amount if a second party (the principal ...

5. Guarantee - Wikipedia

   en.wikipedia.org/wiki/Guarantee

   The surety's discharge may be accomplished (1) by a variation of the terms of the contract between the creditor and the principal debtor, or of that between the creditor and the surety; [81] (2) by the creditor taking a new security from the principal debtor in lieu of the original one; (3) by the creditor discharging the principal debtor from ...

6. Deed of trust (real estate) - Wikipedia

   en.wikipedia.org/wiki/Deed_of_trust_(real_estate)

   A deed of trust refers to a type of legal instrument which is used to create a security interest in real property and real estate. In a deed of trust, a person who wishes to borrow money conveys legal title in real property to a trustee , who holds the property as security for a loan ( debt ) from the lender to the borrower.

7. Mechanic's lien - Wikipedia

   en.wikipedia.org/wiki/Mechanic's_lien

   Mechanic's liens on the title to real property are exclusively the result of legislation. Each state has its own laws regarding the creation and enforcement of these liens, but, overall, there are some similar elements among them. [8] Many States distinguish between the types of real property upon which a mechanics lien can be filed.

8. Renting vs. Buying Real Estate: See the Cost Difference in ...

   www.aol.com/renting-vs-buying-real-estate...

   Renting vs. Buying Real Estate in Ohio. GOBankingRates conducted research to determine the difference in prices between renting and buying a home. Out of the four cities located in Ohio in the ...

9. Mortgage assumption - Wikipedia

   en.wikipedia.org/wiki/Mortgage_assumption

   For example, making payments on the mortgage can evince an intent to assume it, as can paying less than the value of the property (if the difference is the amount outstanding on the mortgage). Absent an assumption of the mortgage by the purchaser, the purchaser buys the property subject to the mortgage, which means the property is still ...