QUADRAPLEX:Any building designed to accommodate four families.
QUALIFYING RATIOS:Two ratios used in determining credit worthiness for a mortgage loan. One is the ratio of a borrower's monthly housing costs to monthly income. The other is a ratio of all monthly debt to monthly income.
Quiet Title::To free the title to a piece of land from the claims of other persons by means of a court action called a "quiet title" action. The court decree obtained is a "quiet title" decree.
QUITCLAIM DEED:A legal document which transfers any ownership an individual has in a piece of property. Often used when the amount of ownership is not known or is unclear.
Quitclaim Deed::A deed operating as a release; intended to pass any title, interest, or claim which the grantor may have in the property, but not containing any warranty of a valid interest or title in the grantor.
