December Flashcards
12/01/2021
Canalize
Ludwig Van Beethoven
December 1st 1955
Escrow Instructions
12/01/2021
Canalize: Convert or convey something through a channel.
Ludwig van Beethoven: “Music is a higher revelation than all wisdom and philosophy.”
December 1st 1955: Bus Boycott set off by Rosa Parks refusing to give up her seat in the colored section.
Escrow Instructions: Describe Escrows role as middle man and responsibility during the transaction to the borrower. Escrow gets original, Lender gets a copy.
12/02/2021
Frabjous
Frida Kahlo
December 2nd 1970
Escrow Amendment
12/02/2021
Frabjous: Delightful, joyous.
Frida Kahlo: “Feet, what do I need you for when I have wings to fly?”
December 2nd 1970: Nixon proposed EPA to protect human health with safeguarding the natural environment.
Escrow Amendment: Any changes made to the original escrow instructions, say if loan amount or purchase price changed. Escrow original, Lender copy.
12/03/2021
Unbosom
Sharon Salzberg
December 3rd 1967
Closing Statement
12/03/2021
Unbosom: Disclose thoughts or secrets.
Sharon Salzberg: “The difference between misery and happiness depends on what we do with our attention.”
December 3rd 1967: The First human heart transplant performed in Cape Town, South Africa.
Closing Statement: Document made by Escrow that brings together all of escrow, title and the lender’s fees into one doc for borrower to see and approve. Escrow original, Lender copy.
12/04/2021
Illation
Maya Angelou
December 4th 1945
Insurance Info Sheet
12/04/2021
Illation: The action of inferring or drawing a conclusion.
Maya Angelou: “If you’re always trying to be normal you will never know how amazing you can be.”
December 4th 1945: US Senate approves US participation in newly formed UN, made that year.
Insurance Info Sheet: Borrow lets escrow know what insurance company they use, policy #, and agent’s name and #.
12/05/2021
Envoi
Gloria Steinem
December 5th 1933
Disbursement of Proceeds
12/05/2021
Envoi: A short stanza concluding a ballade, authors words or short piece of music.
Gloria Steinem: “The art of life is not controlling what happens to us, but using what happens to us.”
December 5th 1933: 18th Amendment repealed, ending Prohibition.
Disbursement of Proceeds: If borrower is due a refund at closing this will inform Escrow on how they would like to receive it.
12/06/2021
Variegate
Helen Keller
December 6th 1790
Borrower Information Sheet
12/06/2021
Variegate: Alter in appearance, make more diverse.
Helen Keller: “A happy life consists not in the absence, but in the mastery of hardships.”
December 6th 1790: The US moves its Capital from New York to Philadelphia where it stays until 1800 when D.C. is finished.
Borrower Information Sheet: Gives Escrow all info needed to open escrow. Current payoff, whom it is owed to, how much, any private liens, HOA & insurance info.
12/07/2021
Suss
Gloria Anzaldua
December 7th 1941
Payoff Demand
12/07/2021
Suss: Realize/grasp or discover the true nature of.
Gloria Anzaldua: “I change myself, I change the world.”
December 7th 1941: “A date that would live in infamy.” - FRD. Japan launched surprise dawn attack, killing 2300 U.S. Servicemen at Pearl Harbor.
Payoff Demand: What Borrower owes current lender, ordered by Escrow. Escrow original, Lender copy, Title Copy.
12/08/2021
word
person
December 8th 2009
Statement of Information
12/08/2021
word
person
December 8th 2009: United States Obama Administration pays 3.4 Billion to settle class action from Native-Americans seeking reparations for royalties on oil and resources they were cheated out of.
Statement of Information: Application for Title Insurance. Title gets original, Escrow copy.
