Qualifying ratio
A ratio calculated by a lender to determine how much a potential buyer can borrow.

Qualifying Ratios
Calculations that are used in determining whether a borrower can qualify for a mortgage. There are two ratios. The "top" or "front" ratio is a calculation of the borrower’s monthly housing costs (principle, taxes, insurance, mortgage insurance, homeowner’s association fees) as a percentage of monthly income. The "back" or "bottom" ratio includes housing costs as will as all other monthly debt.

Queen Anne style
A Victorian-era style that originated in San Francisco.

Quiet enjoyment
The right of an owner to use his or her property without interference.

Quiet title suit
A lawsuit filed to ascertain the legal rights of an owner to a certain parcel of property.

Quit-claim deed
A document that releases a party from any interest in a piece of real estate.

Quitclaim Deed
A deed that transfers without warranty whatever interest or title a grantor may have at the time the conveyance is made.