Ownership Rights To Realty

Definition of "Ownership rights to realty"

The right to possess, exclusively occupy, enjoy, control, and dispose of real estate. Ownership rights to realty are granted by the ownership of a title to real property.

Comments for Ownership Rights To Realty

Martin Horsman Martin Horsman said:

what does the term Owner1, and Owner2 mean in New Mexico Home Ownership

Aug 27, 2018  13:11:10

 
Real Estate Agent

Hey Martin,
we need a bit more context to properly answer. But it seems that Owner 1 and 2 are for the times that the house is split in a co-ownership, like between husband and wife. To get you up and running with the specifics, contact one of our New Mexico Real Estate Agents; they will have all the answers you need!

Aug 28, 2018  10:19:24
 
 
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

Managing the day-to-day activities in a real estate brokerage office including recruiting and training new real estate agents, holding real estate closings, updating and managing real ...

An insurance policy indemnifying a property owner up to the limits of the policy against fire or other hazard requiring the total destruction and removal of the structure. ...

British thermal unit-a unit of energy associated with the creation of heat. Prior to 1929, it was defined as the amount of heat required to raised the temperature of 1 pound of water 1 ...

A wall or roof which extends beyond a lower wall. ...

The difference between the present value of cash inflows generated by real estate and the amount of the initial investment. The present value of future cash flows is computed using the cost ...

percentage of land that may be used productively to the total square footage of the land. For example, if total square footage is 40,000 but only 30,000 square feet may be built upon ...

(1) Short-term loan that is made in anticipation of permanent longer term loans. The interest rate on such a loan is usually higher than on longer term loans. (2) A business loan in which ...

Heat resistance measure commonly used with insulating material, outside walls, and roofs. The higher the R value, the more heat transfer resistance a material has." ...

Individual engaged in selling a product or service. The product may be an investment in real estate. In some instances, state law may require licensing to safeguard the public by requiring ...

Popular Real Estate Questions