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wage lien:
a lien ordered by the Texas Workforce Commission against all real and personal
property of an employer who owes back wages to an employee.
warehousing agency: an agency that purchases a number of mortgage loans and assembles them
into one or more packages of loans for resale to investors.
warranty clause:
the part of a deed in which the seller warrants the title conveyed to the buyer.
waste:
an improper use or an abuse of a property by a possessor who holds less than fee
ownership, such as a tenant, life tenant, mortgagor, or vendee.
will:
a document providing the transfer of title to property owned by the deceased.
workers’ compensation
insurance: an insurance fund to
provide income to a worker who is hurt on the job.
wraparound mortgage: a method of refinancing in which the new mortgage is placed in a
secondary, or subordinate, position.
writ of execution: a court order that authorizes and directs the sheriff to sell property
of a defendant to satisfy judgment.
writ of possession: a court order authorizing a sheriff to return leased premises to the
owner following an eviction suit.
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