Partial Taking


Definition of "Partial taking"

Erin White-Freimann
  Realty ONE Group

Purchase of part of property or property rights when condemnation takes place. The owner must be justly reimbursed.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Consumer Products Safety Act Of 1972

Act that established mandatory notification by manufacturers of products and the distributors of the ...

Defeasance

Procedure that moves up the maturity date of the municipal bond to its call date. The call date perm ...

Annuity In Advance

See annuity due. ...

Mortgage Price

The interest rate or rates and upfront fees paid to the lender and mortgage broker. Some upfront ch ...

Insurance Agents And Brokers Liability Insurance

Coverage for acts or omissions committed by an agent or broker resulting in adequate insurance in th ...

Confusion Of Goods

Peril that occurs when personal property of two or more people is mixed to such an extent that any o ...

Related Real Estate FAQ

What Is Flood Insurance?

Flood insurance is insurance that compensates for the physical property damage resulting from rising ...

What Is A Wraparound Mortgage?

A wraparound mortgage is a new mortgage that includes the remaining balance on an old mortgage, plus ...

How Can I Protect My Home Office?

Commercial insurance is designed to help protect many of the risks your business can face, includin ...

What Are Paid Advertorials?

Paid advertorials are articles written by public relations professionals that have just one goal in ...

What Is A Qualifying Ratio?

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

What Do I Need To Know About Term Life Insurance?

Provides financial protection for a limited, specified period of time, at a lower cost than permanen ...

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

Agents join here
Add our widget on your Website

Real Estate Advice

How Does The Home Loan Underwriting Process Work? Should you Buy a Home with Cash? What Must I Disclose When Selling My Home? 6 Reasons you are not selling properties Build or Buy? That’s the Big Question

FAQ

What do I need to know about Renters Insurance, and what does it cover? What do I need to know about Motorcycle Insurance? What is a seller disclosure? Who is a subagent? What is a treasury index?