Definition of "Codicil"
A written supplement or amendment to an existing will such as one affecting the transfer of real estate upon death.
Popular Real Estate Terms
Deed used to convey property back to the original property owner. Normally a reconveyance deed is issued upon the satisfaction of a property's mortgage. ...
Government program of providing low interest rate mortgages to low-income qualified buyers. In the tandem program, the Federal National Mortgage Association (FNMA) purchases low interest ...
Structural, storage, and shelving characteristics associated with a warehouse. ...
The definition of a closed-end lease is what happens when an individual rents or leases an asset at a monthly rate with no obligations for the lessee to purchase the asset that he rents at ...
Builder's ten-year guarantee that their workmanship, materials, and construction are up to established standards. The HOW provides reimbursement for the cost of remedying specified defects. ...
Drawing for the entire structure or part of it that is detailed and in scale so that engineers and construction workers may readily follow it. ...
Same as term time sharing: Segregation of ownership in real estate property over a stated time period. An example is a co-owned vacation apartment, used by co-owners for one month each. ...
Null or void something; Revoke or destroy; rescind or set aside; abandon; abolish; repeal; surrender; waive; terminate. In real estate, to void a buy or sell order, price, or quantity. The ...
Legal action of a landlord to remove a tenant.The tenant may have violated the lease agreement such as for the tenant's failure to pay the rent. ...
Comments for Codicil
I gave permission for my neighbor to expand his driveway by utilizing about a 25 X 14" strip of our property. How do I make the change in the property deed to allow this to be a permanent change?
Sep 09, 2023 11:11:17Hello Robert! Thank you for reaching out to us!
Sep 19, 2023 11:05:30Did the ownership of that strip of land change by granting permission to your neighbor to use it as his driveway? Suppose you wish to change the property deed or details about it. In that case, we recommend you consult a real estate attorney to avoid future misunderstandings over property lines and ownership.
My parents died. My sister and I are supposed to split the property that was supposed to be a codicil. She said she can't find it. There's some guy living on the property and I need to know what to do.
May 08, 2019 17:20:39HI, Lorie! Unfortunately, we cannot provide legal advice. RealEstateAgent.com is a directory that connects real estate agents with home buyers and sellers. We recommend that you hire an attorney or a real estate lawyer.
May 09, 2019 06:41:51What term is used for an exemption to a zoning law?
Apr 16, 2018 22:44:46"Zoning Variance", Sheryl
Apr 27, 2018 17:18:27And you can read more about it, right here in our real estate glossary. Just click here >> https://www.realestateagent.com/real-estate-glossary/real-estate/zoning-variance.html
Have a question or comment?
We're here to help.