Created by: Bagar
Number of Blossarys: 64
The monetary value of a property after any claims, such as a mortgage, are taken away.
When a building or some portion of it, or a wall or fence, extends beyond the land of the owner and illegally intrudes upon that of an adjoining owner.
An interest in land owned by another that entitles its holder to a specific limited use or enjoyment eg the right to cross the land, or to continue to have an unobstructed view over it.
A written document denying legal responsibility, or a limitation of rights that might otherwise be claimed.
A written document by which a person transfers ownership of real property to another. A deed must be properly executed and delivered in order to be effective.
A promise within a contract for the performance or non-performance of a specified act.
A clause that allows a tenant to end a lease at specific times during the period of the lease.