Aristocrat Title Glossary of Terms

This glossary is provided by Aristocrat Title to help consumers and REALTORS® better understand the closing process. For questions specific to your transaction, reach out to our team anytime.

Have questions about title terms or your closing? Contact Aristocrat Title for local guidance and support.

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Term Definition
Earnest Money

A deposit provided by the buyer to show good faith and commitment to the transaction.
Easement

A legal right allowing another party to use a portion of your property for a specific purpose, such as utilities, drainage, or access. Easements remain attached to the land and can affect property use or value.
Encumbrance

A claim, lien, or restriction on a property that may impact ownership or transferability. Examples include unpaid taxes, mortgages, or easements.
Escrow

Funds held by a neutral third party (such as a title company) until all transaction conditions are met.
Examination / Title Search

A review of public records to verify ownership history and identify issues (liens, unpaid taxes, restrictions).