Testamentary Intention
Interpreting the objective of a testator in his or her will. The disposition of the testator's estate must be untreatable or it could be legally challenged.
Popular Real Estate Terms
The legal right of a widow to a portion of her deceased husbands real property. ...
Subdivided acreage with utilities usually situated within or adjacent to established communities. ...
An income feature added to a mortgage whereby the mortgagee earns income in addition to the mortgage interest and principal payments. Also called an equity kicker, a kicker allows the ...
An insurer who researches the title to real estate for the purpose of discovering any unknown liens or encumbrances on the property that may have come into effect before the current ...
Credential awarded by the International Association of Assessing Officers to appraisers of real property working for a government body. ...
Method to obtaining title to property through open, notorious, adverse, and continuous use of the property for a statutorily prescribed period of time. For example, Jack openly and ...
The consolidation of items that have been considered a part of property but are not actually annexed, secured, or joined to it. ...
The minimum age required for legal competency ( in most states 18 years). ...
Complete estimated itemization of all costs in constructing a structure including site acquisition and preparation, material, and labor costs. A quantity survey is necessary for a ...
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