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

A simple box-shaped house with clapboard siding and a gable roof. ...

Trade group of predominately land developers. ...

Usually a fairly large site zoned and planned for the purpose of industrial development and located outside the main residential area of a city. Industrial parks normally are provided with ...

Putting a waterproofing substance on the exterior cement walls of the structure to prevent water from entering the interior of structure. The cracks in the walls are patched up. ...

Involves more than one borrower being responsible for a mortgage, such as with a cooperative apartment. Involves more than one mortgagee lent on a real estate project, such as with a ...

The basic definition of an acquisition loan is the kind of loan that gives a company the funds necessary to make a purchase. The type of investment depends on the company’s activity, ...

Registered real estate broker who charge a flat fee, rather than a commission, for real estate purchase and sale transactions regardless of the property's sale price. No fee is charge if ...

Worth of the property part which is left subsequent to a condemnation action. ...

The definition of abatement is a reduction of penalties or a tax deduction for individuals or businesses. It can often be accessed upon an overpayment of taxes, if the company or individual ...

Popular Real Estate Questions