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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 inventor 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 law, 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 an 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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| the buyer 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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| 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 the 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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| the claim of ownership of land by possession that is exclusive, open, hostile, unpermitted, and continuous for a statutory 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 removable without permanent injury to the land or building |
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| Improvements and 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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| a secured interest in real property based on a stipulation that the seller will not transfer title to the property until payment of a certain percentage of the price |
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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 no permitted otherwise |
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| an exception to the application of a zoning ordinance for lots that, because 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 ordinance or stat statutes that regulate construction of buildings |
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| 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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| a landlord-tenant estate created for definite period |
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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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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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Definition
| a payment required by a landlord from a tenant at the inception of a lease that the landlord can retain for default in 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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| 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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