Inter Vivos

Definition of "Inter vivos"

Transactions taking place between individuals who are alive rather than when one of the parties is either dead (e.g., estate) or is contemplating death. For example, a deed may transfer ownership in land while the people are living. Another example is an inter vivos trust set up by the mother for the daughter's benefit.

Search Real Estate Glossary

Related Real Estate Glossary terms

Common Law Defenses

Arguments composed of assumption of risk, contributory negligence, and fellow servant rule. ...

Physical Depreciation Or Deterioration

Decline in value of property from use. The property's condition is aging. An example is plumbing det ...

Land Development

Same as term development: Process of developing an area by planning and building homes, shopping cen ...

Rurban

Geographic location that is gradually being developed as an urban area. ...

Housing Starts Indicator

Index that traces the construction of new single-family homes, townhouses, and multifamily apartment ...

Commitment

Insurance company's promise to insure particular risks. ...

Related Real Estate FAQ

What Is A Point?

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

How Can I Figure Out My Debt-to-income Ratio?

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of ...

What Is An Adjustable-rate Mortgage (ARM)?

A type of mortgage in which the interest rate is keyed to a certain economic index and is adjusted a ...

What Is A Buildable Acre?

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

What Is Long Term Care Insurance?

Long-term care refers to a broad range of medical and personal care services designed to assist indi ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

7 Tips for a First Time Homebuyer What Must I Disclose When Selling My Home? How to become a real estate agent Real Estate Open House - The Dos and Don 5 signs of house foundation problems

FAQ

If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee? How much Life Insurance do I need? What is a conventional mortgage? Do I need Earthquake Insurance? What is a seller takeback?