Definition of "Distraint"

Samuel Dart real estate agent

Written by

Samuel Dartelite badge icon

Equivest Properties Realty

Landlords act of seizing a tenants property to satisfy defaulted rent payments. To distrain a tenants property the landlord must give proper legal notice and is often accompanied by changing the locks. The landlord may place a lien on the tenants property. Distraint is limited by local law.

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

Tax imposed by some state and local governments to record into the public record property deeds and mortgages. ...

An increase in the price or market value of real estate. ...

There’s a lot of confusion regarding the hazard insurance definition. Many people think it’s a synonym for homeowners insurance but they’re wrong. Hazard insurance is ...

Existing state of affairs with respect to the real estate market and conditions. ...

Primary residence of an individual. The principal residence can be a single family home, condominium, cooperative, or trailer. A principal residence may qualify for a homestead exemption in ...

English-style home. It is usually 2-stories high. The roof is of a hip type. The chimney is on the side of the home. ...

The practice of acquiring land for a future use. For example, a franchising company is projecting rapid nationwide expansion over the next five years. In order to prepare for the expansion, ...

Geographic area that is attractive to prospective tenants. Square footage in an office building or apartment house that may be rented by a tenant. ...

Land located on a precipice. ...

Popular Real Estate Questions