A statement furnished to an escrow from an owner of land subject to an incumbrance (note) as to the balance due. Not to be confused with a beneficiary's statement. This can also be provided by a tenant regarding his rights of possession.
Statement of owner setting forth the present status of title and all liens against the property.
Statement by owner of a deed of trust or mortgage against the property, setting forth the present status of the debt and lien. Also called a beneficiary statement. Back to the Top
A Statement furnished to Escrow from a tenant regarding status of rental and his rights of possession; also, by an Owner of land subject to an encumbrance, as to the balance due.
A statement by the owner of a property, or the owner of a lien against property, stating the present status of the liens against the property.
An owner statement, deposited into escrow, showing the status of rents, security deposits, and other balances and obligations connected with the investment property. Open-End Mortgage - A mortgage with a provision that the outstanding loan amount may be increased upon mutual agreement of the lender and the borrower.
A statement by the owner of property or owner of a lien against property, setting forth the present status of liens against said property.
(1) A statement given to a buyer of rental property by a tenant, setting forth the amount of rent and terms of the rental agreement. (2) A statement by an owner or lien-holder to a buyer, setting forth the balance due on existing liens against the property being purchased.