Glossary of Terms
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GDS RATIO | |
Gross Debt Service Ratio. Lender's allowable ratio of gross monthly payment to gross monthly income of mortgage applicant. | |
GRANT | |
A technical term used in deeds of conveyance to indicate a transfer of an interest or estate in land. | |
GRANTEE | |
The party to whom an interest in real property is conveyed. | |
GRANTOR | |
The party who conveys an interest in real property by deed. | |
GUTTER | |
An eavestrough used to convey rainwater from the roof to the downspout. |