QUADRAPLEX:
A building containing four dwelling units.

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QUALIFICATION RATE:
The rate of interest used to calculate whether or not a borrower qualifies for a mortgage.

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QUALIFICATION REQUIREMENTS:
Those guidelines set by lenders to be used when deciding whether or not an applicant will be given a loan.

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QUALIFIED ACCEPTANCE:
Also known as "conditional acceptance". Agreeing to enter a contract provided certain conditions are met.

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QUALIFIED BUYER:
A purchaser who has been pre-approved for financing.

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QUALIFIED FEE ESTATE:
A legal interest in land which is limited.

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QUANTUM:
Literally, the amount.

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QUARTER SECTION:
A measurement from the Government Survey Method, measuring 2,640 feet on each side and containing 160 acres.

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QUIET ENJOYMENT:
The legal right of an owner or tenant to have uninterrupted use of the property or premises without interference.

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QUIT CLAIM DEED:
A conveyance which releases any interest the conveying party may have in a property without any warranty as to that party's claim.