QUADRANT
Quarter; any of the four quarters into which something is divided. QUALIFICATION
The process of reviewing prior to approval (of a buyer's
housing needs and financial abilities, of a borrower's
mortgage loan application, or of an application for licensure.)
(See also Underwriting.) QUASI
As if; of a similar nature; seemingly. QUASI PARTNERSHIP (SEE OSTENSIBLE PARTNERSHIP.)
One or more parties cause a third party to be deceived into believing that a
partnership exists when no such arrangement exists. QUIET ENJOYMENT
A provision in a deed guaranteeing that the buyer may enjoy possession of the
property in peace and without disturbance by reason of other claims on the title
by the seller or anyone else. QUIET TITLE
A suit or action in a court to remove a defect, cloud, or claim against the
title to real property. QUITCLAIM DEED
A type of deed that will effectively convey any present interest, claim, or
title to real property that the seller (grantor) may own. QUORUM
The minimum number of persons who may lawfully transact the business of a
meeting (51% or four of the members of the Florida Real Estate Commission.)
