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Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Qualified Fee - An estate in fee which is subject to certain limitations imposed by the owner.

Quantity Survey - A method of estimating construction cost or reproduction cost; a highly technical process used in arriving at the cost estimate of new construction and sometimes referred to in the building trade as the price take-off method.

Quiet Enjoyment - The right of a new owner or a lessee legally in possession to uninterrupted use of the property without interference from the former owner, lessor or any third party claiming superior title.

Quiet Title Action - A circuit court action intended to establish or settle the title to a particular property, especially where there is a cloud on the title.

Quitclaim Deed - A deed of conveyance which operates, in effect, as a release of whatever interest the grantor has in the property; sometimes called a release deed.



Coldwell Banker Primus Realty of Aurora, IL

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Erin Hill — Ph 630-336-5962
Jerry Hill — Ph 630-336-5963

1242 Eola Road, Ste. F
Aurora, IL 60502