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| The real estate, buildings, objects or articles, intangible assets, or rights with exchangeable value of which someone may claim legal ownership. |
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| Any land, including structures or rights attached to the land. |
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| All property that is not real property. |
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| The singular rights of a property owner to exclude others from the property and to pass a valid title to the property; the obligations associated with the property. |
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| The legal ownership of property; the highest right to property that a person can acquire. |
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| The exercise of custody or control over property. |
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| Intellectual property rights |
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| The legal entitlement attached to the expressed form of an idea or of other intangible subject matter. |
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| The legal right for a period of years to exclusively use and control an original written document, piece of music, software, or other form of expression. |
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| The right to use copyrighted material in a reasonable manner without the copyright owner's consent. |
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| An intellectual property right granted to an investor or applicant for a limited period to exclusively use and control a new, useful, and nonobvious invention. |
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| An increase or addition to property. |
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| In property tax, the intermingling of goods belonging to different owners. |
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| The transfer of possession of personal property from one person to another for a specified purpose and the return of the property when the purpose has been fulfilled. |
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| A person or an entity who delivers property to another (the bailee) under a bailment contract. |
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| A person or entity who receives property from another (the bailor) under a bailment contract. |
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| A creditor's legal right or interest in another's property, usually lasting until satisfaction of the specific debt or duty that the lien secures. |
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| A bailee's right to retain possession of a bailor's property as security for the payment of a debt or performance of some other act. |
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| A transportation provider that offers its services to the public and that is licensed by federal or state agencies. |
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| A party that owns or orders the shipment of goods. |
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| A bailee entrusted with possession of another's goods for sale on commission. |
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| The voluntary and gratuitous transfer of property without consideration. |
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| Any personal property affixed to real property in such a way as to become part of the real property. |
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| Any of a variety of ownership interests in real property. |
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| A right, claim, or legal share of property. |
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| A full ownership interest in property with the unconditional right to dispose of it. |
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| A person entitled to exclusive possession of real property and to all income the land produces for the duration of that person's or someone else's life. |
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| A right to possession or ownership, or both, of property. |
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| A concurrently owned and undivided interest in an estate that transfers to a surviving joint tenant upon the death of the other. |
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| A joint tenancy between husband and wife. |
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| A concurrent ownership of property, in equal or unequal shares, by two or more joint tenants who lack survivorship rights. |
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| Property owned or acquired by both spouses during a marriage by their communal efforts. |
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| Ownership, usually of real property such as an apartment building, by a corporation, the stockholders of which receive long-term proprietary leases to a portion of the property and a proportional vote in its affairs based on the number of shares owned. |
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| A single unit in a building or complex for which the unit owner has a separate title and exclusive ownership as well as the joint ownership of the common areas and facilities. |
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| The seller of real property |
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| The purchaser of real property |
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| The seller of real property, after execution of the deed. |
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| A written instrument that transfers interest in real property. |
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| A deed that transfers only the title or interest, if any, the grantor has in land at the time of transfer. |
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| A deed that contains the grantor's warranty that the title is free of all encumbrances, that the grantor has the title being transferred, and that no one else has a better title. |
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| A deed that contains warranties against only those encumbrances and defects in title that might have been created since the grantor took title. |
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| A deed that transfers real property to a buyer for valuable consideration but that lacks any guarantee from the seller about the validity of the title. |
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| A borrower who pledges real property as security for the money to purchase the property. |
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| A lender in a mortgage arrangement, such as a bank or another financing institution. |
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| A legal proceeding to terminate a mortgagor's interest in property; the mortgagee's remedy when the mortgagor defaults on payments. |
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Term
| Trust deed, or deed of trust, or trust indenture |
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Definition
| A secured interest in real property that is held by a trustee to protect the lender (beneficiary) until the loan is repaid by the borrower (trustor). |
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| A secured interest in real property based on a stipulation that the seller will not transfer title to property until payment of a certain percentage of the price. |
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| A lien, granted by law to anyone who repairs a specific piece of property, that secures payment for the repairs. |
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Definition
| The claim of ownership of land by possession that is exclusive, open, hostile, unpermitted, and continuous for a statuatory period. |
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| A property owner's right to have land supported by the land adjacent to it. |
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| A property owner's right to have land supported by the earth below it. |
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| An owner of land that contains or borders on a naturally flowing waterway. |
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| An item attached to real property solely for trade purposes, which is removalbe without permanent injury to the land or building. |
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| Improvements or betterments |
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Definition
| Alterations to premises made by a tenant that make it more useful for the tenant's purpose and become part of the leased structure. |
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| A nonmaterial interest in real property. |
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| A nonpossessory right to use another person's real property for a particular purpose. |
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| A right or privilege to enter another's land and take away something of value from its soil or from the products of its soil. |
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| The permission to use real property for a particular purpose. |
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| A government's regulation of building construction and occupancy and of land use according to a comprehensive plan. |
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| A provision in a general zoning plan that assigns a different use for a small area of land than that of the surrounding area. |
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Definition
| The act of restricting land use either by prohibiting additional building or by requiring high standards. |
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| A land use explicitly permitted by a zoning ordinance but subject to certain limitations. |
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Definition
| An exception to the strict application of a zoning ordinance to permit a use that is not permitted otherwise. |
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Definition
| An exception to the application of a zoning ordinance for lots that, becuase of size, topography, or other physical limitations, do not conform to the ordinance requirements for the zone. |
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Definition
| An exception to the application of a zoning ordinance to permit an otherwise prohibited use within the zone. |
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| A land use that is impermissible under current zoning restrictions but that is allowed because the use was lawful before the restrictions took effect. |
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| The local ordinances or state statutes that regulate construction of buildings. |
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Definition
| The right of a government to seize private property for public use. |
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| A legal procedure by which a government body seeks a court's permission to seize private property by eminent domain. |
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| A landlord-tenant estate in which the tenant has permission to occupy a premises as a landlord desires. |
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Definition
| A landlord-tenant estate created for a definite period. |
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Term
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Definition
| A landlord-tenant estate with no fixed termination date and automatic renewal until one of the parties gives notice of intent to terminate. |
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Term
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Definition
| A tenant who has a lease for a number of years and, at the expiration of the lease, continues to occupy the premises. |
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Term
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Definition
| A tenant who has a lease for a number of years and, at the expiration of the lease, continues to occupy the premises, without the agreement of the landlord. |
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Term
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Definition
| A payment required by a landlord from a tenant at the inception of a lease that the landlord can retain for default payment or damage to the property. |
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Definition
| Actions or inactions of a landlord that create conditions that prevent the tenant from enjoying a substantial or integral part of the premises. |
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Definition
| A landlord's right to seize possession of a tenant's property and hold it for rent when the tenant has defaulted on the rent. |
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