LEGAL TERMS CRIMINAL LAW AND PROPERTY LAW
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| REAL PROPERTY | LAND & ALLPERMANET FIXTURES: PLANT LIFE & LIVE VEGETATION, AIR CONDITIONER, CABINETS ETC
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| PERSONAL PROPERTY | TANGIBLE OR INTAGIBLE READILY MOVEABLE
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| ESTATES & LAND | BUNDLES OF RIGHTS
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| SUBSURFACE RIGHTS | ALL BELOW LAND: OIL, PRECIOUS METALS, NATURAL GASSES
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| FEE SIMPLE ABSOLUTE | RIGHTS IN LAND: SUBSURFACE & SURFACE
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| LEASE HOLD ESTATE | LEASEE (TENANT) HAS RIGHTS TO LIVE THERE FOR TERM OF LEASE
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| LIFE ESTATE IN PROPERTY | GRANTEE WAS DEEDED THE RIGTH TO ENJOY LIVING THERE AS OWNER TILL GRANTEE DIES THEN PROPERTY GOES BACK TO GRANTOR. MUST BE IN WRITING
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| DEED | PROOF OF SALE IN WRITTING THAT INCLUDES LEGAL ADDRESS, ALL PERTINENT INFORMATION TRANSFERING OWNERSHIP RIGHTS IN REAL PROPERTY AND IS RECORDED BY THE "RECORDER OF DEEDS" OFFICE
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| EASEMENT | TRASFER OF RIGHTS ALOWING ONE TO GAIN ACCESS TO AN AREA ON LAND> DESCRIBES SPECIFIC PART OF LAND BEING USED, FOR WHAT PURPOSE AND FOR WHOM: FPL, CABLE, RIGHT OF PASSAGE TO LAKE ETC.
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| CONCURRENT OWNERSHIP | CO OWNERSHIP
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| TENANCY BY ENTIRETY | MUST BE MARRIED, NOTED IN DEED. RULE: IF SPOUSE DIES THE OTHER SPOUSE GETS IT. INTERESTS CANNOT BE TRANSFERRED WITHOUT OTHER SPOUSE SIGNATURE.
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| JOINT TENANTS | UNMARRIED OWNERS. JOINT TENANTS WITH RIGHT OF SURVIVORSHIP. *WHEN ONE DIES THE INTEREST AUTOMATICALLY PASSES TO CO-TENANT. *PROPERTY CAN TRANSFER WITHOUT BOTH SIGNATURES. *ONE TRANSFERRED IT IS NOW KNOW AS "TENANTS IN COMMON"
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| TENANTS IN COMMON | DECEASED TENANTS SHARE TRANSFERS TO AIRES (CHILDREN, FAMILY). ANY TENANT CAN TRANSFER INTERESTS WITHOUT THE CONSENT OF THE OTHER.
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| SATISFIED | ALL OBLIGATIONS HAVE BEEN MET
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| GARNISHMENT | TO ATTACH WAGES
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| EXECUTE/EXECUTION | TO ENFORCE A JUDGEMENT/ TO ACT ON A JUDGEMENT
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| ATTACH | TO ATACH BANCK ACCOUNTS AND ANY PERSONAL INTERESTS OF VALUE TO PROPERTY, ETC...
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| CONVEY/ CONVEYANCE | TO SELL / GRANTOR VIA DEED TRANSFERED ALL RIGHTS TO GRANTEE 'SOLD'.
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| MARKETABLE TITLE | FREE FROM ANY ENCUMBERANCES OR DEFECTS THAT WILL AFFECT VALUE OF PROPERTY
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| AGREEMENT OF SALE | REAL ESTATE CONTRACT SIGNED BY GRANTOR AND GRANTEE
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| TITLE SEARCH | SEARCH DONE TO INSURE THE TITLE IS MARKETABLE
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| MORTGAGE | WRITTEN DOCUMENT FILES IN COURT HOUSE MORTGAGOR IS THE BUYER
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| INSPECTION | AN OPINION GIVEN BY INSPECTOR THAT THE REAL ESTATE IS UP TO PAR
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| FORECLOSURE | BANK SALE
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| NOTE | PROMISSORY NOTE SAYING LOAN WILL BE PAID BACK WITHIN THE TERMS AGREED, GIVES THE BANK THE RIGHT TO ATTACH BORROWERS PERSONAL PROPERTY AND ASSETS BEYOND REAL ESTATE
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| CLOSING | SAME AS SETTLEMENT
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| TAX SALE | LOCAL GOVERNMENT SEIZES PROPERTY SAME END RESULT AS FORECLOSURE
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| QUIET TITLE ACTION | WHEN THE COURT DETERMINES THE RIGHTS REGARDING OWNERSHIP OF LAND (FENCE PLACEMENT, ENCROACHMENTS ETC)
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| EMINENT DOMAIN / CONDEMNATON | GOVERNEMTN TAKES YOUR PORPERTY FOR PUBLIC USE BUT MUST PAY YOU FAIR MARKET VALUE
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| PARTITIONS | THE ACTUAL DIVISION OF PROPERTY BASED ON OWNERSHIP PERCENTS INVESTED IN PURCHASE
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| RECORD OF OWNERSHIP | THE PERSON WHO'S NAME APPEARS IN COURT AS OWNER.
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| SHERIFF SALE | ENFORCEMENT OF JUDGMENT FOR GOOD ATTACHED TO SEIZED PROPERTY
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| VENDEE / VENDOR | BUYER / SELLER
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| MORTGAGEE / MORTGAGOR | BANK / BORROWER HOME OWNER
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| GRANTEE / GRANTOR | PERSON WHOM TITLE IS BEING TRANSFERRED TO BUYER / SELLER PERSON TRANSFERRING TITLE
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| ACKNOWLEDGMENT | STATEMENT ON DOCUMENT THAT SIGNER OF DOCUMENT IS SIGNING BECAUSE SHE CONCURS WITH TERMS
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| ENCUMBERANCE | LIEN
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| QUIT CLAIM DEED | A DEED THAT HAS NO GUARANTEES OF EXISTING LIENS ON PROPERTY BEING TRANSFERRED. NOT GOOD!
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| WARRANT | A GUARANTEE IN A DEED THAT OWNER OWNS PROPERTY
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| ABSTRACT OF TITLE | THE RESULT OF A TITLE COMPANIES FINDINGS "A SUMMARY OF FINDINGS"
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| CLEAR TITLE | PROOF PERSON OWNS PROPERTY
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| CHAIN OF TITLE | THE HISTORY OF OWNERSHIP
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| ET AL. | AND ALL OTHERS INVOLVED IN CASE
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| ORDINANCE | LOCAL LAWS PASSED BY OUR LOCAL GOVT
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| ZONING LAWS | OUTLINE THE PROPER USE OF PROPERTY
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| VARIANCE | EXCEPTIONS TO ZONING LAWS
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| TENANCY FOR YEARS / TENANCY FOR PERIODIC | MORE THEN 1 YEAR / TERM TO TERM MONTH TO MONTH
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