Profits Prendre


Definition of "Profit's prendre"

Joyce Cleary
Joyce Cleary Mid Illinois Realty

Right to profit by utilizing the assets of another's land. A profit a' prendre would include the right to use and mine another's property recovering and removing any assets.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Vitrified Title

Clay-baked, glazed piping that is not damage by water. It is often used in underground drainage. ...

Outlawed

Something that is illegal. An example is an unenforceable debt because it has exceeded the statute of limitations. ...

Civil Action

Legal proceeding to exercise a right in a disagreement between private individuals or businesses. One party seeks a remedy against the other. It does ...

Underfloor Wiring System

Wires, such as for electricity, places beneath the floor of a structure. ...

Contingent Vesting

Right to property depends on some occurrence. ...

Turnkey Project

All the new tenant has to do is "turn the key" to the apartment or office in a newly constructed building because everything is completed and ready fo ...

Popular Real Estate FAQ

Why Do People Refinance?

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to the existing equity in the home. ...

I Looked At A Property Yesterday With A REALTOR® Who Seems To Be Clueless. I Am Really Interested In Purchasing The Property, Though. Can I Switch Agents And Still Make The Purchase?

If you truly want to purchase that property, the only ethical thing to do is to purchase it through that REALTOR. Otherwise, you could set up potenti ...

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obligations. ...

What Is Hazard Insurance?

Hazard insurance is insurance coverage that compensates for physical damage to a property from natural disasters such as fire or other hazards. ...

What Is A Maintenance Fee?

A maintenance fee is a charge by condominium associations, co-ops, or other homeowners associations for the upkeep of the property. ...

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on the books\". Commonly, a buyer will be unsatisfied ...

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

When to Dispute Your Home Appraisal 7 Things to Consider Before Moving to a New City The First-time Home Buyers Guide to Home Insurance Spring Real Estate Marketing Strategies: Are You Ready to Bloom? Should you Buy a Home with Cash?

FAQ

Do I need Life Insurance? What is a mortgage banker? 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 an appraised value?