A guarantee provided to the purchases regarding the quality of appliances or fixtures sold.
Warranty deed
A document conveying ownership of a property that guarantees a clear, clean title.
Will
A written document stating how an individual chooses to have his or her property distributed after his or her death.
Wraparound loan or Wraparound mortgage
A method of refinancing which covers the remaining balance on an existing first mortgage as well as the additional amount of loan being requested by the mortgagor; full payments covering both mortgages are made to the Wraparound mortgagee, who then forwar.
