Acronyms Flashcards

1
Q

American Land Title Association (ALTA)

A

Allows settlement agents to itemize all the fees and charges that not the homebuyer and the seller face during the settlement process

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2
Q

TILA-RESPA Integrated Disclosure (TRID)

A

Informs people who apply for a mortgage and describes a loan lender rules

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3
Q

Elevated blood lead (EBL)

A

Level that triggers notification of local health departments.

High blood levels

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4
Q

Maryland department of the environment (MDE)

A

Protects and preserve the states air, water and land resources, and safeguards the environmental health of Maryland citizens.

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5
Q

Methyl Tertiary Butyl Ether (MTBE)

A

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.

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6
Q

Types of real property

A

Residential
Commercial
Mixed-Use
Industrial
Special Purpose

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