Q
- Quadraplex
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Any building designed to accommodate four families.
- Qualifying Ratios
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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
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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.