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Real Estate Terms - A

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ATTORN

transfer or turn over money or property to another, recognize a ne w property owner as the landlord.

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ATTORNEY-IN-FACT

one who is authorized to act for another under a power of attorney, which may be general or limited in scope.

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ATTRACTIVE INSURANCE

loan processing that is entirely or predominantly handled via unattended computer connection. Working through dedicated terminals or an internet site, applicants interact directly with the computer to submit and verify data. The computer orders credit and other financial records and evaluates the application against the specified criteria of the lender.

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AVULSION

the sudden removal of land from one parcel to another, when a body of water, such as a river, abruptly changes its channel.

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