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Definition
| acquiring title to a fixture left behind by a tenant |
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Definition
| the rights to use airspace above a lot |
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Definition
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Definition
| Ownership of All legal rights, including possession control disposition and enjoyment |
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Definition
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Definition
| Item of personal property that is attached and becomes a part of the real estate |
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Definition
| Any man made addition to the property |
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Definition
| Is the Earths surface underneath and to the center of the Earth and above to infinity |
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Definition
| Anything that does not fit the definition of Real Estate |
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Definition
| Land plus man made additions |
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Definition
| Statutes that govern Real Estate brokers and sales people |
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Term
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Definition
| Interest benefits and rights in the ownership of ??? |
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Definition
| Turning real property into personal property |
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Definition
| Ownership of minerals below surface |
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Definition
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Definition
| An article installed by business tenant that can be removed |
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Definition
| Designated airspace over a lot |
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Definition
| Imaginary line running East and West perpendicular to Principal Meridian (NS) |
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Definition
| Permanent reference point for elevation |
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Definition
| Every 4th township line there is a correction for North and South |
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Definition
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Definition
| Guider spaced every 24 miles North South |
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Definition
| Area bounded by two guide meridian and two correction lines |
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Definition
| Fractional Sections in rectangular survey system that are than regular lot |
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Term
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Definition
| Description of (?surver) of parcel, complete enough for a surveyor |
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Definition
| Describing property by a plat that describes a location |
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Definition
| Legal description that describes boundaries around property and starts and ends at same point |
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Definition
| Fixed natural or manmade points to describe boundary in metes and bounds system |
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Definition
| A map of a subdivision indicating the location and boundaries of individual properties |
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Definition
| The starting and stopping point |
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Term
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Definition
| One of 35 survey lines running North and South in government survey system |
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Term
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Definition
| Strip of land six miles wide (NS) |
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Term
| Rectangular (government) Survey System |
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Definition
| A system start in 1785 by government based on Principal Meridians and Base Lines |
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Term
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Definition
| One of 36 one mile squares that make up a township; in rectangular survey system |
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Term
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Definition
| lines running at six-mile intervals parallel to the base lines in the rectangular survey system. |
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Term
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Definition
| The principal unit of the rectangular survey system; a square with six mile sides and is 36 square miles. |
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Term
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Definition
| Easement on 2 adjoining lots where there is dominant and subserviant life estate |
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Definition
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Term
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Definition
| a limitation to the future use of property |
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Term
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Definition
| legal right or interest in life estate left by deceased husband to widow |
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Term
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Definition
| authorized use for someone elses property |
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Term
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Definition
| acquired by the public body, after just compensation |
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Term
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Definition
| allowed by law for ingress and egress to your property |
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Term
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Definition
| acquired by continuous open, uninterupted exclusive and adverse uses othe the property for the period recquired by law |
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Term
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Definition
| easemetn over number of properties not neccessary for the use |
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Term
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Definition
| acquiring property for public use after condemnation |
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Term
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Definition
| unauthorized wall of fence on your property |
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Term
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Definition
| a claim or liability that attaches to preperty taht affect value |
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Definition
| die without will and heirs, property reverts back to the state |
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Term
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Definition
| degree and quantity in which you have real estate property |
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Term
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Definition
| Maximum possible estate, continueing forever |
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Term
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Definition
| And estate in land which ??? |
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Term
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Definition
| Ownership for an indeterminable length of time |
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Term
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Definition
| A persons present right that will result in ownership in the future |
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Term
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Definition
| Land that is acquired as your primary residence and is protected by non secured debts and judgments |
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Term
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Definition
| A tenants right to occupy during the lease |
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Term
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Definition
| Revocable permission to use someones property |
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Term
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Definition
| A right given to a creditor to have your debt paid from sale of property |
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Term
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Definition
| Interest in Real Estate taht is land to your lifetime |
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Definition
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Term
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Definition
| Shared driveway where each party has easemetn |
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Term
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Definition
| One Wall supporting two structures (think zero lot line) |
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Term
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Definition
| Government right to impose laws that affect your property |
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Term
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Definition
| Water belongs to the state; you must have prior permit to use it. |
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Term
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Definition
| Part of property life tenant gets to use; reverts back to landowner after death |
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Term
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Definition
| Remnant of property after giving life estate |
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Term
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Definition
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Term
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Definition
| Process to raise money for government operation |
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Term
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Definition
A person whom a trust is set up for. |
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Term
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Definition
| Anything makes property valuable |
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Term
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Definition
| Any property acquired during marriage |
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Term
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Definition
| Absolute ownership of unit and undivided intereset in covenant of home |
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Term
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Definition
| A multi unit building owned by a cooperation tenant has shares and propriatery lease in property |
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Term
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Definition
| Ownership by more than one party |
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Term
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Definition
| Business that can own in severalty |
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Term
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Definition
| Association of two or more with full liability |
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Term
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Definition
| Ownership must be taken at the same tiem in equal percentages with right of suvivorship |
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Term
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Definition
| Business arrangement with partners who can lose just thier investment |
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Term
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Definition
| Court suit to divide partners by |
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Term
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Definition
| An association of two or more business partners |
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Term
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Definition
| Distinquishes joint tenacy, ownership by deceased tenant |
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Term
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Definition
| Property that brought into a marriage or a gift of inheritance |
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Definition
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Term
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Definition
| A combo of people or firms to buy a larger property |
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Term
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Definition
| Joint ownership by husband and wife |
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Term
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Definition
| Joint ownership that can be taken by anytime in any percentage with right of inheritance |
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Term
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Definition
| Ownership for a certain period each year |
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Term
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Definition
| Fiduciary arrangement where by property is conveyed by trustor to a person or institution called trustee on behalf of a beneficiary |
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Term
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Definition
| Act by which the grantee received title |
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Term
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Definition
| Actual visible hostile notorious exclusive and continuous possession of anothers land under a claim of title |
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Term
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Definition
| carries no warranties against liens but does imply grantor has title |
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Term
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Definition
| Written instrument that when executed and delivered transfers title |
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Term
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Definition
| Used to convey title to a trustee |
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Term
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Definition
| Before a transer can take affect |
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Term
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Definition
| Inheritance acquisition of an estate |
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Term
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Definition
| To die witout will and without heirs; property reverts back to the state |
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Term
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Definition
| Fully warrants and clear title with five covenants |
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Term
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Definition
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Term
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Definition
| Words in conveyance telling type of deed being used |
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Term
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Definition
| Person who tranfers title |
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Term
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Definition
| Words in the deed to have and to hold |
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Term
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Definition
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Term
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Definition
| Transer of title without your permission |
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Term
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Definition
| Property is owned by seller who has right to sell it |
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Term
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Definition
| Someone who has not reached the age of majority who can sign contracts |
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Term
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Definition
| Legal process to determine your heirs |
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Term
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Definition
| Transfers title with no warranties |
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Term
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Definition
| Transfer title back to trustor after payoff |
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Term
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Definition
| Making a document a public record |
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Term
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Definition
| Warrantees only against title defects only during title ownership |
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Term
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Definition
| Having made and left a valid will |
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Term
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Definition
Right to and evidence of ownership of property |
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Term
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Definition
| Tax stamps required by state or local law |
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Term
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Definition
| Creates a mortgage like lien on a property |
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Term
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Definition
| Executed by a trustee conveying land held in trust |
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Term
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Definition
| Transfer of property with your permission |
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Term
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Definition
| Written document property witnessed providing for your property after death |
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Term
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Definition
| Condensed history of all the conveyances |
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Term
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Definition
| Expressed information of the facts |
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Term
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Definition
| Title policy that conforms to the uniform standards set by the American Land Title Association |
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Term
| Attrorney's opinion of title |
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Definition
| Abscract examined by lawyer and deemed valid |
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Term
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Definition
| Sale of a major part of business in its entirety |
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Term
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Definition
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Term
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Definition
| Statement of Opinion of the status of title |
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Term
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Definition
| Succession of title conveyances |
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Term
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Definition
| Notice given to the world of interest in real estate |
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Term
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Definition
| Proof of ownership in 4 ways: Cert of title, title ins. policy |
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Term
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Definition
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Term
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Definition
| Seller has clear title or can make the title clear upon conveyance |
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Term
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Definition
| Legal public and constructive notice to the world of parties interest in real estate |
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Term
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Definition
| Creates a security interest in chattels with complete description read by UCC |
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Term
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Definition
| Substitute one creditor for another |
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Term
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Definition
| A court action intended to remove a cloud on title |
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Term
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Definition
| A policy that protects a loss due to defect in title |
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Term
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Definition
| Evidencing title by registering title, liens are only valid if ...? |
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Term
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Definition
| UCC: Codification that makes laws similar throughout the US |
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Term
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Definition
| Real Estate tax for added value; a general tax |
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Term
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Definition
| Spreading taxes over area |
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Term
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Definition
| Taking a persons property in legal custody after winning lawsuit |
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Term
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Definition
| Specific lien placed against a court appearance |
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Term
| Corporation Franchise Tax |
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Definition
| Tax on a corporation to operate in State |
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Term
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Definition
| Figure set by local taxing that equilizes |
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Term
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Definition
| Lien imposed by court action in fairness |
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Term
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Definition
| Federal Taxes on a deceased persons assets |
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Term
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Definition
| A lien against all your property real and personal |
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Term
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Definition
| State Taxes on a deceased persons assets |
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Term
| Internal Revenue Service Tax Lien |
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Definition
| A general lien imposed for non payment of IRS taxes |
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Term
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Definition
| Lien imposed without owners permission |
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Term
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Definition
| A lien placed after a formal decision in court |
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Term
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Definition
| Right given to creditor from sale of property |
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Term
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Definition
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Term
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Definition
| Lien created for security of a debt |
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Term
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Definition
| Order of payoff of liens, by recording date |
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Term
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Definition
| Buying back property sold at foreclosure |
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Term
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Definition
| Time state laws allow for redemption |
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Term
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Definition
| A levy against property for public improvement |
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Term
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Definition
| Lien attached to one property |
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Term
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Definition
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Term
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Definition
| Written agreement between lenders to change order of payoff |
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Term
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Definition
| Insurance policy guarantees court appearance |
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Term
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Definition
| Court sale for non payment of taxes |
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Term
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Definition
| Lein imposed for non payment of taxes |
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Term
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Definition
| Court ordered sal of non payment of taxes |
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Term
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Definition
| Lien placed with you permission |
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Term
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Definition
| Lien in favor of contractor for material or labor |
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