Real Estate Glossary

Virgil Llewellyn
Principal Broker/Owner
Gold Coast Properties, Inc.
125 Baltimore Ave SE Suite A
Bandon, OR 97411
PO BOX: 416
Phone: (541) 297-7071
Office: (541) 347-4533 ext. 3
FAX: (541) 347-5055
Cell: (541) 297-7071
info@bandonrealestate.com

OREGON REAL ESTATE
AGENCY
DISCLOSURE PAMPHLET

Oregon Buyers Advisory

Total dollar amount properties available as of Mar 7, 2010
$12,599,927,657

REAL ESTATE GLOSSARY

waiver

The intentional or voluntary relinquishment of a known claim or right.

walk through

(1) A Buyer's on-site inspection of the property being purchased, just prior to closing. (2) A detailed inspection of a new construction home, in which punch list and cosmetic items are addressed, prior to final acceptance

warranty deed

A type of deed that contains express assurances about the legal validity of the title being transferred. See general warranty deed andspecial warranty deed.

writ of execution

A court order which authorizes and directs the proper officer of the court (usually the sheriff) to carry into effect the judgment or decree of the court