REAL ESTATE GLOSSARY

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Waiver:	The intentional or voluntary relinquishment or surrender of some right or privilege.

Walk-through:	A final inspection of a home to check for problems that may need to be corrected before closing. (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 and special warranty deed.

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