Squatter's Right
Right to use property in the absence of forcible eviction by another. Some state laws allow squatter's rights to convert to bona-fide title over time. For example, if it cannot be ascertained who owns a parcel of property then a squatter may acquire title to the real estate because he has been an occupant of the property continually for some minimum period required by law.
Popular Real Estate Terms
One who acts as a witness and fives written testimony under oath. ...
Justifiable and fair amount for a real estate transaction based on the conditions and limitations involved in the exchange. ...
Grouping of several columns arranged in intervals supporting an architectural overhang, usually a roof. ...
A shallow yet funny definition of a tax specialist is someone who loved math since 1st grade. He or she has an elephant’s memory and is always up to date with the regulations and ...
Used to compute the tax on a specified taxable income. The marginal tax rate usually increases as the taxable income rises. ...
(1) The exposed trim and molding surrounding a door or window. (2) Woodwork which encases a pipe or structural member. (3) Method of creating a form for the pouring of concrete. ...
Square footage of space a parcel of land has. ...
Position taken by a real estate consultant representing the best interests of the client. ...
Degree of construction of residential property measured in number of units or dollar value. ...
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