A grant deed is a authorized doc used to switch possession of actual property. Real property—one of the 2 primary classifications of property—is the pursuits, benefits and rights inherent in the possession of real property. Terraced house (a. k. a. townhouse or rowhouse) – A number of single or multi-unit buildings in a steady row with shared walls and no intervening space. Never signal blank sales authorities, contracts of sale or rental agreements. The Housing Affordability Index measures whether or not a typical household earns sufficient income to qualify for a mortgage mortgage on a typical house.