FNTIC Title Dictionary

Terms and Phrases is Fidelity National Title's Glossary of definitions, meanings, and descriptions of significance for some of our industry's most often used terms and phrases.

Valid
Sufficient in law; effective.
Vara
A Mexican measure of length; approximately 33 inches.
Variable Interest
Interest rates fluctuating up or down according to current cost of money.
Vendee
A buyer or purchaser.
Vendor
A seller.
Venue
The county in which an action is brought; also the place where an acknowledgment is taken.
Verification
A sworn statement before a qualified officer (notary public) that the contents of a writing are true.
Vest
To give an immediate fixed right to property.
Vested Interest
A property interest that is fixed or determined.
Vestee
Present record owner.
Vide
See.
Videlicet
To wit, that is to say; abbreviated as "viz."
Viz.
Abbreviation for videlicet.
Voidable
Subject to being declared void.
Voluntary Lien
A lien intentionally created or entered into by a debtor.
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