Estover

Definition of "Estover"

Right of tenant to make use of a property's wood or food producing capacity to provide for his or her own necessities.

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Popular Real Estate Terms

Demographics

Evaluation of housing requirements based on family size, ages, occupations, marital status, and other population characteristics. ...

Recordation

The act of recording of deeds and other property instruments in a public registry. Recordation gives public notice of ownership claims on property as ...

Forced Hot Air

A heating system consisting of a heating unit forcing hot air through an interconnected network of air ducts with outlets throughout the structure. Th ...

Conditional Conveyance

Situation in which pledged property is held by a person or entity until the loan is paid. ...

Sale Value

What a piece of property could be sold for on the market. ...

Deterioration

Value of property is reduced form usage oven time. The problem is worsened when repairs and maintenance have not been made. ...

Popular Real Estate FAQ

What Is Commission?

The fee an agent earns for the sale of a home-usually a percentage of the selling price. ...

What Does Preapproved Mean?

When you are preapproved, you have a definite commitment from a lender ...

Besides Making My Monthly Mortgage Payment, How Can I Build Equity Into My House?

When making your monthly mortgage payment, try to send a little bit more. This will go directly to the principal of the loan rather than the interest ...

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing a specific interest rate for a specified amount o ...

What Is Joint Tenancy?

A joint tenancy is an equal, undivided ownership in a property by two or more individuals. ...

What Is An Investment Property?

An investment property is a property you purchase with the intension of using it as a rental income or for investment purposes rather than to live in. ...

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