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

House made using standardized components that are preassembled on an assembly line in a factory rather than being built from "scratch" on a site. Normally, the prefabricate house is trucked ...

Insulation covered on each side by a material, such as metal. ...

An insurance contract or home warranty, usually for one year, covering electrical, plumbing, heating, etc. ...

Portion of a construction loan withheld by a lender from a contractor until all construction work is satisfactorily completed or sufficient space is rented in a floor loan. The holdback ...

Property to be used by a retail business in the sale of merchandise or rendering of services. An example of retail property is a store. ...

Part of a capital gain constituting tax benefits previously taken and taxed as ordinary income. ...

The term agricultural property means a type of land that has been designed or is permitted to engage in agricultural activities. Also referred to as agricultural land, agricultural ...

Same as term soil porosity: Extent to which soil has cavities or pores, thereby allowing water to pass through. ...

An entrance hallway from the outside of a building. Foyers are intended as a gathering place for people either before exiting or upon entrance. ...

Popular Real Estate Questions