Any building designed to accommodate four families.
- Qualifying Ratios
Two ratios used in determining credit worthiness for a mortgage loan. One is the ratio of a borrower's monthly housing costs to monthly income. The other is a ratio of all monthly debt to monthly income.
- Quitclaim Deed
A legal document that transfers any ownership an individual has in a piece of property. Often used when the amount of ownership is not known or is unclear.