Land which barely pays the cost of working or using.

A merchantable title: a title free and clear of objectionable liens and encumbrances.

The price paid regardless of pressures, motives, intelligence.

(1) The price at which a willing seller would sell and a willing buyer would buy, neither being under abnormal pressure; (2) As defined by the courts it is the highest price estimated in terms of money which a property will being if exposed for sale in the open market allowing a reasonable time to find a purchaser with knowledge of the property's use and capabilities for use. 

A fact is material if it is one which the agent should have realized would be likely to affect the judgment of the principal in giving his consent to the agent to enter into the particular transaction on the specified terms.

A lien created by law which exists in favor of persons who have performed services or furnished materials in the erection or repair of a building.

Measurements and boundaries.  A term in describing the boundary lines of land, setting forth all the boundary lines, together with their terminal points and angles.

A fixed object and point establishment by surveyors to establish land locations.

The temporary suspension, usually by status of the enforcement of liability for debts.

An instrument recognized by law by which property is hypothecated to secure the payment of a debt or obligation; the procedure for foreclosure in the vent of default establishment by statute.

One to whom a mortgagor gives a mortgage to secure a loan or or performance of an obligation; a lender.

One who give a mortgage on  his property to secure a loan or assure performance of an obligation; a barrower.

A listing, usually an exclusive right to sell, taken by a member of an organization composed of real estate brokers, with the provisions that all members will have the opportunity to find an interested client; a corporate listing.