Legal Dictionary

Tag: Property

  • Gift Tax

    Gift Tax

    See also A tax that applies to gratuitous transfers of property during the taxpayer’s… (Read more)…

  • Proprietary Lease

    Concept of Proprietary Lease in the context of Real Property A short definition of Proprietary Lease: Most commonly used in relation to stock cooperatives, whereby the owners of stock lease units (apartments).

  • Color of Title

    That which appears to be good title but which, by reason of some defect , does not in fact amount to good title. Grosvenor v Olson, (Iowa) 199 N. W.2d50.

  • Property Brief

    Concept of Property Brief in the context of Real Property A short definition of Property Brief: An expression, not nationally used, meaning a description of a property for sale, which is submitted to a prospective purchaser.

  • Property Tax Deferral

    Concept of Property Tax Deferral (ptd) in the context of Real Property A short definition of Property Tax Deferral (ptd): Reverse mortgages that pay annual property taxes; usually offered by state or local governments

  • Property Management

    Concept of Property Management in the context of Real Property A short definition of Property Management: The branch of the real estate business dealing with the management of property. The property may be a rented house or a large office or industrial complex. The duties may range form merely […]

  • Proprietorship

    Proprietorship

    Proprietorship in the Economic ActivityAn introductory concept of Proprietorship may be: a business owned by a single person, usually a small business

  • Proprietorship

    Proprietorship

    Proprietorship in the Economic ActivityAn introductory concept of Proprietorship may be: a business owned by a single person, usually a small business

  • Alienation

    Legal Definition and Related Resources of Alienation Meaning of Alienation Of Property. The transfer of property and possession of lands, tenements, or other things from one person to another. Termes de la Ley. It is. particularly applied to […]

  • Property Owners’ Association

    Property Owners’ Association in the context of Real Property See: Homeowners’ Association in this legal Dictionary.

  • Property Line

    Concept of Property Line in the context of Real Property A short definition of Property Line: The boundary line of a parcel of land.

  • Property Owners’ Association

    Property Owners’ Association in the context of Real Property See: Homeowners’ Association in this legal Dictionary.

  • Encumbrance

    A claim, lien or liability attached to property. A burden upon land, depreciative of its value, such as a lien, easements or servitude, which though adverse to the interests of the land owner, does not conflict with his conveyance of land in fee. Evans v Faught, 42 Cai. Rptr. 133, 231 […]

  • Habendum Clause

    See alsoThe clause in a deed (in U.S. law) … (Read more)…

  • Forcible Entry And Detainer

    See alsoA remedy provided by statute in some states to enable the lessor… (Read more)…