University of Phoenix
University of Phoenix

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Term Definition
Qualifying Ratio
A ratio determined by a lender to decide how much a potential buyer can safely borrow.

Quiet Enjoyment
The rights of the owner or any other person legally entitled to possession to the use of the property without interference or disruption.

Quiet Title Action
The suit in court to remove a cloud or defect on a title and establish full legal ownership.

Quitclaim Deed
A deed that fully transfers without warranty whatever interest or title the grantor may have for the property at the time that the conveyance is made

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