Definition of "Beam right agreement"

Arrangement between neighbors permitting one of them to put a beam for support on another neighbors wall.

Comments for Beam Right Agreement

Joan Elizabeth O Joan Elizabeth O'Dell said:

should Seller sign a survey affidavit

Jan 13, 2019  13:36:43

 
Real Estate Agent

Most attorneys at law will advise a seller not to sign a survey affidavit. In this way, the seller is not responsible for any encroachment or other survey issues. A survey affidavit shifts responsibility from the surveyor to the seller. Buyers should not rely on previous surveys either. Keep in mind that surveys are protected under federal copyright laws, so do not hand out unauthorized copies of this document.  

Jan 14, 2019  04:41:46
 
 
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

Insurance coverage provided for an individual having a lease at a favorable rate, one which is less than the market value of the property. The insurance indemnifies the tenant for business ...

Window normally mounted on hinges in a window casing. It swings outward to open. ...

Correcting depreciation by making improvements at less cost than the value added. For example, the management of an aging strip shopping center makes a decision to refurbish the windows and ...

(1) Bottom of something used as support. (2) Most essential element. (3) Type of interest rate used when computing compound interest equal to: (1 + I). (4) Justification of an argument or ...

Some states make the legal assumption, based on title theory, that the mortgagee is a partial owner of the real estate securing the mortgage and remains as is until the debt is fully paid. ...

Provision at the end of a document, such as a will, wherein the witnesses sign that the instrument has been executed before them. This may be useful involving transfers of real estate. ...

Something that is inferred, but not explicitly stated. The inference may be deducted from the relevant information. ...

Factors affecting the useability and value of property. Important land features would include whether the land was flat or hilly, cleared or uncleared, high or low elevation, dry or swampy, ...

Expecting or looking forward to something happening. ...

Popular Real Estate Questions