Quiet enjoyment

quiet enjoymentQuiet enjoyment. A covenant, usually inserted into a lease or conveyance on the part of the grantor, promising that the tenant or grantee shall enjoy possession of a premises in peace and without disturbance. In mortgages (often referred to as quiet possession), the term refers to the mortgagor’s right to uninterrupted use of the property when not in default.

Past vocabulary words:

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Keith Marshall is a real estate agent with Prudential Grand Valley Realty, serving Kitchener, Waterloo and Cambridge. If you’re thinking of buying or selling your home, please give me a call. I aim to take the stress and mystery out of the home buying and selling process. If you have real estate questions, you can chat with me live on my homepage or contact me by phone or email. Sign up for my newsletter.

 

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