Tax delinquent real estate things to know – County Clerk Abbreviations Post 70


Coach Mitch’s REFLECTIONS

Words matter

If you are going to do business in tax delinquent property, you must know what the words mean when you read them in documents or hear them in conversation.

The County Clerk’s office will become a second home if you are serious about your investing career. It will quickly become obvious that you will have saved yourself much angst and money the very first time that you do not take ownership of a property because you found significant liens or other deficiencies against it.

Know the terminology

This is a list of terms that you will run into when checking the veracity of a title. You should understand what each of these terms means and look up any that you are not sure of.

Help your helper

If participating in my coaching program, knowing terms is a requirement. I do not have the time, nor should any mentor or coach be expected to stop and define a word each time that they speak with a mentee or student. A certain level of professionalism is required of us all. Knowing the basic terms of one’s profession is expected.

See Coach Mitch’s “Ridiculously Simple System…” ™ for details.

See you at the top,

Mitchell Goldstein - Coach Mitch
518-439-6100 until midnight EST
www.CoachMitch.com

County Clerk Abbreviations

ABNDN       ABANDONMENT
ACCEPT      ACCEPTANCE
AJ                 ABSTRACT OF JUDGMENT
ACK             ACKNOWLEDGEMENT
ADDNM      ADDENDUM
AFFT           AFFIDAVIT
AGMT         AGGREMENT
AMEND      AMENDMENT
ANNEX       ANNEXATION
APPLN        APPLICATION
APPT           APPOINTMENT
ASSGN        ASSIGNMENT
AWARD      AWARD
BNKRCY     BANKRUPTCY
BS                 BILL OF SALE
BOND          BOND
CANCEL      CANCELLATION
CERT           CERTIFICATE
CERT           ESTOPPLE CERTIFICATE
CONSNT     CONSENT
CONT          CONTRACT
CORREC     CORRECTION
DT                DEED OF TRUST
DECLAR      DECLARATION
DECREE      DIVORCE DECREE
DED              DEDICATION
DEED           DEED OF GIFT
DECLIN       DECLINE
DISCLM       DISCLAIMER
DISSOL        DISSOLUTION
EASMT         EASEMENT
EXT               EXTENSION
GUANTY       GUARANTY AGREEMENT
INDENT        INDENTURE
JUDGE          JUDGMENT
LP                   LIS PENDENS
LIEN              LIEN
MTG              MORTGAGE
MEMO          MEMORANDUM
MODIF          MODIFICATION
MOTION       MOTION
NOTICE        NOTICE
OPTION        OPTION
ORD               ORDINANCE
PA                  POWER OF ATTORNEY
PROB            PROBATE
RATIF           RATIFICATION
REINST        REINSTATEMENT
REL               INHERITANCE TAX RETRN
REL               RELEASE
REMOVE      REMOVAL OF TRUSTEE
REMOVE      REMOVAL & APPOINTMENT
REVOC          REVOCATION OF Power of Atty.
REVOKE       REVOCATION OF TRUSTEE
REVOKE       REVOKE & APPOINTMENT
RES                RESOLUTION
RESTR           RESTRICTIONS
RWD              RIGHT OF WAY DEED
STATE           DISTRICT INFORMATION FORM
STATE           STATEMENT
SUBORD       SUBORDINATION
SUP DT          SUPPLEMENTAL Deed of Trust
TERM            TERMINATION
TL                   FEDERAL TAX LIEN
TR                  TRUST
VACATE        VACATION
WAIVER       WAIVER
WD                WARRANTY DEED


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