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Taxes
A compulsory, mandatory and totally non-optional levy of money, extorted from the homeowner through threat of force by a governmental agency for projects which have no redeeming social value.
 
Title
The evidence of ownership of property.
 
Title Insurance
Insurance against loss resulting from any defect of title of a particular piece of property.
 
Townhouse
A general term, which applies to a condominium of which no neighboring unit is above or below.
 
Transfer Tax
A state or local tax on the change of ownership in real property based on the purchase price.
 

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