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Real Estate Terms Glossary
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Random Real Estate License Terms
Payment Clause
 
A provision in a promissory note deed of trust or mortgage permitting the debtor to pay off the obligation before maturity.
   
Succession
 
The inheritance of property.
   
Plywood
 
(1) Laminated wood made up in panels. (2) Several thicknesses of wood glued together with grains at different angles for strength.
   

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