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.
Popular Real Estate Terms
Molding used in corners simulating a quarter of a circle. ...
Point at which a housing development becomes a neighborhood. After an initial housing development is sold and the new owners become established, the neighborhood stage begins. The ...
The right and duties of using and holding property. ...
Something that is illegal. An example is an unenforceable debt because it has exceeded the statute of limitations. ...
Thinking about selling your own home without an agent? You can. For Sale By Owner or FSBO is how it’s called in the real estate world. It's when a homeowner decides to sell his/her ...
Optional feature included in some homeowners insurance policies that pays the replacement cost of any personal property. ...
A clause that may be inserted into a purchase agreement or a lease indicating that subject property must be properly maintained in order to validate the contract. The effect is to create ...
Legal rule, principle, or tenet. ...
Contractual clause freeing a party from personal liability. Foe example, an exculpatory clause in a mortgage agreement provides a mortgagor the ability to surrender a mortgage property in ...
Comments for Ownership Rights To Realty
what does the term Owner1, and Owner2 mean in New Mexico Home Ownership
Aug 27, 2018 13:11:10Hey Martin,
Aug 28, 2018 10:19:24we 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!
Have a question or comment?
We're here to help.