Created by: Bagar
Number of Blossarys: 64
A clause that allows a tenant to end a lease at specific times during the period of the lease.
A promise within a contract for the performance or non-performance of a specified act.
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 written document denying legal responsibility, or a limitation of rights that might otherwise be claimed.
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.
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.
The monetary value of a property after any claims, such as a mortgage, are taken away.