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TermDefinition
Accession the right of owner property
Adverse possession when the land of another private property person is adversely and exclusibely possessed in an open and notorious way
Assignment transfer of the remaining time on a lease
Bailee temporary possession property that belongs to someone else.
Baileeā€™s lien balie entitled to payment retains possession
Bailment an agreement by the temporary delivery of personal property by the owners to someone who is not the owner for a specific purpose
Bailor owners of property who gives up possession to someone else temporarily .
Common carrier a fee transport goods who applies for shipment
Constructive eviction if landlord fails to perform duties and tenant refuses to pay rent and abandons premise due to the breach of contract
Conveyance traction in which real estate transferred by a deed.
Covenants leases of the rights and duties and of the landlord
Deed a written document transfer legal ownership
Easements rights to limit use another land
Eminent domain the power of the governemnt to take private property for public use in exchange for the fiar market price
Equity difference between fair market value property debt
Escrow depositing of money, legal documents, and instructions with a third party to be held until the conditions of a contract are fulfilled
Escrow agent neutral third party two conducts the closing real property
Eviction the oowner of a property blocks a tenant from possession of all the real property
Fixtures items of personal property that are attached or annexed to real property
Foreclosure items property that are attached
Grantee the one whom deed is given to
Grantor individual who conveys the ownership rights real property
Gratuitous bailment a bailment in which only one of the parties benefits
Landlord person temporary possession in a lease
Lease agreement that one party receives temporary possession another real property
Lost property a owner unknowings leaves somewhere
Mislaid property property that places somewhere but then forgotten
Mortgage a loan or real property
Mutual benefit bailment consideration is given and received by both the bailor and bailee
Nuisance laws communities to regulate the use of property of owners land
Personal property something that intangible the rights use such things
Police power the government's right to regulate the use of real property for the public welfare, morals and health
Property real or person tangible of subject to ownership or group related legal rights
Quitclaim deed whatever interest the grantor has in property and does not warrant that the grantor has any interest
Real property land building and those things permanently affixed
Rent the considering given return by the buyers to the sellers limits
Restrictive covenant made in writing by the buyer to the seller that limits the use of land
Security deposit payment advance of occupancy that is held pay unpaid rent
Subletting property lease of all property
Tenant person receiving temporary possession
Title the owership of goods
Tortious bailee the lost or stolen property of anotherm includes using bailed property for unauthorized purpose or refusing to return property
Warranty deed deed that expressly warrants that the title is clear, without undisclosed claims or encumbrances
Warranty of habitability landlord to make repairs on necessary housing codes
Zoning ordinances counties to regulate the location or esidential, business, and industrial districts
Created by: owens1995
 

 



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