Right

Definition of "Right"

Claim of a person or business to real property such as by exercising an option.

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Related Real Estate Glossary terms

Grantor-retained Income Trust (grit)

Irrevocable trust into which the grantor places assets and retains the income from or the use of the ...

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Statutory liabilities minus the interest MAINTENANCE RESERVE minus the ASSET VALUATION RESERVE. ...

Important Land Features

Factors affecting the useability and value of property. Important land features would include whethe ...

Impairment Of Capital

Situation where a stock insurer must invade its capital account in order to meet its obligations. Mo ...

Volunteer Protection Act Of 1997

Act in which volunteers of nonprofit organizations and government entities do not incur liability if ...

Direct Costs

(1) Costs in erecting a new building involved with either site preparation or building construction, ...

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The public tax assessor value of a property as determined for the purpose of taxation. ...

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