W
WAIVER An international relinquishment of some right or interest, the renunciation, abandonment, or surrender of some claim. WITNESS To subscribe one's name to a deed, will or other document for the purpose of attesting its authenticity and proving its execution by testifying, if required. WRAP-AROUND MORTGAGE (Sometimes erroneously called a blanket mortgage)-a new mortgage, which is registered on title, which includes a prior existing mortgage ad the new mortgagee undertakes the responsibility as mortgagor under the original mortgage. |