Acronyms Flashcards
American Land Title Association (ALTA)
Allows settlement agents to itemize all the fees and charges that not the homebuyer and the seller face during the settlement process
TILA-RESPA Integrated Disclosure (TRID)
Informs people who apply for a mortgage and describes a loan lender rules
Elevated blood lead (EBL)
Level that triggers notification of local health departments.
High blood levels
Maryland department of the environment (MDE)
Protects and preserve the states air, water and land resources, and safeguards the environmental health of Maryland citizens.
Methyl Tertiary Butyl Ether (MTBE)
A flammable liquid that has been used as an additive for unleaded gasoline since the 1980s.
Concerns in the air and inground water . Suspected to be carcinogenic.
Types of real property
Residential
Commercial
Mixed-Use
Industrial
Special Purpose