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
I am the person. The person himself/herself. The actual person. ...
Every borrower has his own definition of amortization schedule in mind. An amortization schedule is a table that reveals how the debt is going to be paid back and at what cost. For most ...
Determining the measurements of a specific location. ...
A lease granted for the right to explore for and recover oil and gas on a specific parcel of property. The terms of an oil and gas lease specify the length of time of the contract, the ...
Eight-by-four sheet of material attached to a wall's studs. It can be made attractive by wallpapering or painting. ...
Property tax that varies in rate depending on the zoning classification (use) of the property. ...
Solid rock that lies underneath soil providing a foundation on which to construct a building. ...
Some plausible, but not completely clear-cut indication of ownership rights. It supplements a claim to title to property, but does not actually establish it. ...
Organization dedicated to creating and furnishing the most timely and effective advice and direction for the professional management and financing of facilities and services for ...
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