Select the term associated with making housing decisions that corresponds to each of the given descriptions. $($Note: These are not necessarily complete definitions, but there is only one possible answer for each description.$)$

Description

Term

This refers to the process through which lender takes possession of the property as a result of the owner's failure to make his or her mortgage payments.

This is a form of direct ownership of an individual unit in a multiunit project in which common areas and facilities, such as the lobbies, recreational areas, and facilities, are owned by all property owners in the project.

This term is often used by lenders as an alternative of charging interest on their loans.

This is a deposit made to the seller to express the intent of purchase so that the offer is considered seriously.

This term is used to describe the situation in which the market value of a parcel of real estate is lower than the amount owed on the loan used to purchase the parcel.