| Term | Definition |
|---|
| 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. |
| zero lot line | A term generally used to describe the positioning of a structure on a lot so that one side rests directly on the lot's boundary line (no set back). Where allowed by zoning and/or deed restrictions, it is used for "patio homes". |
| zoning | Exercise of police power of city in regulating and controlling the character or use of property. Zoning laws divide cities into different areas according to use, from single-family residences to industrial plants. Zoning ordinances control the size, location, and use of buildings within these different areas. |
