Property & Real Estate

10 terms

Real-property and personal-property terms — deeds, easements, titles, leases, and ownership rights.

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Adverse Possession
Gaining legal ownership of land by occupying it openly and continuously for a set period.
Easement
The right to use someone else's land for a specific purpose, like crossing it or running utilities.
Escrow
Money or documents held by a neutral third party until transaction conditions are met.
Eviction
The legal process by which a landlord removes a tenant from rental property.
Homestead Exemption
A legal protection that shields a primary residence from creditors' claims up to a certain value.
Implied Warranty of Habitability
A landlord's legal duty to maintain rental property in safe, livable condition.
Lien
A legal claim against property to secure payment of a debt or obligation.
Quiet Title
A lawsuit to establish clear, undisputed ownership of property and remove competing claims.
Security Deposit
Money a tenant pays upfront to a landlord as a guarantee against damage or unpaid rent.
Tenant Rights
Legal protections and entitlements that renters have regarding their leased property and living conditions.