Ownership Rights To Realty

Definition of "Ownership rights to realty"

Amy  Parmelee real estate agent

Written by

Amy Parmeleeelite badge icon

Keuka Lake & Land Realty

The right to possess, exclusively occupy, enjoy, control, and dispose of real estate. Ownership rights to realty are granted by the ownership of a title to real property.

Comments for Ownership Rights To Realty

Martin Horsman Martin Horsman said:

what does the term Owner1, and Owner2 mean in New Mexico Home Ownership

Aug 27, 2018  13:11:10

 
Real Estate Agent

Hey Martin,
we need a bit more context to properly answer. But it seems that Owner 1 and 2 are for the times that the house is split in a co-ownership, like between husband and wife. To get you up and running with the specifics, contact one of our New Mexico Real Estate Agents; they will have all the answers you need!

Aug 28, 2018  10:19:24
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Written statements about a person or business that are malicious, unfounded, and damaging. It is the basis for legal action. ...

Property wholly owned by one spouse, which was the spouse's before marriage or was received as a gift or an inheritance. This property legally belongs to that spouse and cannot be taken ...

In short, an overage means a surplus or an excess of money. An overage can present itself at a property at an auction where the asset has gone over the asking price. Suppose there’s a ...

Lease payments based on factors other than the passage of time. ...

The Grandfather Clause is an intriguing financial and real estate term. It defines a provision in a traditional policy that exempts an individual or business engaged in any activity under a ...

Person chosen by a testator/testatrix to handle and conduct the terms of a will to an estate. Duties include collecting and selling of properties and paying debts of the state. ...

Agreement between a lending institution and borrower where the borrower agrees to extend or spread the collateral of a loan to additional properties beyond the original mortgaged property. ...

Represents a means of appraising a building by simply multiplying its square foot cost by the total amount of square feet in the structure being evaluated. Two or more buildings may then be ...

Window having both screens and storm windows that can be easily interchanged according to seasonal needs. ...

Popular Real Estate Questions