In appraising, determining value of a property by considering net income and percentage or reasonable return on the investment.

A reasonable percentage rate or return based on net income.  The capitalization rate is used to determine value.

Means "let the buyer beware."  The buyer must examine the goods or property and buy at his own risk.

A history of conveyances and encumbrances affecting the title from the time the original patent was granted or as far back as records are available.

A personal property mortgage.

An estate related to real estate such as lease on real property.

Goods or every purchase of property movable or immoveable which are not real property.

A mortgage which cannot be paid off until its maturity unless the creditor consents to earlier payment.

Any conditions revealed by a title search which affect the title to property; usually relatively unimportant items but which cannot be removed without a quit claim deed or court action.

A separate obligation attached to a contract to guarantee its performance; the transfer of property or of other contracts or valuables to ensure the performance of a principal agreement.

An agreement between two or more persons to defraud another of his rights by the forms of law or to obtain an object forbidden by law.

That which appears to be a good title but which is not a title in fact.

Bills of exchange used in commercial title.

An agent's compensation for performing the duties of his agency; is real estate practice, a percentage of the selling price of property, percentage of rentals, etc. 

A pledge or promise or firm agreement.

Property accumulated through the joint effort of a husband and wife living together.

Whenever extra soil is added to a lot to fill in low places or raise the level of the lot the added soil is often too loose and soft to sustain the weight of the building. Therefore, it is necessary to compact the added soil so that it will carry the weight of the building without the danger of their titling, settling or cracking. 

Interest paid or original principal and also on accrued and unpaid interest which has accumulated.

This is the act of taking private property for public use by a political subdivision; a declaration that a structure is unfit for use.

A contract for the sale of property stating that delivery is to be made for the buyer, the title is remain vested in the seller until the condition of the contract have been fulfilled.

A system of individual ownership of a unit in a multi-family structure, combined with joint ownership of a common areas of the structure and the land.  (Sometimes referred to as vertical subdivision).

Anything of value given to induce entering into a contract, it may be money, personal service, or even love and affection.

Notice given by the public records.

An Agreement, either written or oral to do or not to do certain things.

The rent for the lease of property as stimulated by the lessor and the lessee.

A change from one character or use to another.

The transfer of the title of land from one to another.  It denotes an instrument which carries from one person to another an interest in land.

The added desirability or utility of a property due to its frontage to two streets, which provides better ventilation for residential purposes easier accessibility and more commercial displays for commercial and industrial utilization.

A group of body of persons established and treated by laws as an individual or unit with rights and liabilities of both distinct and apart from those of the persons composing it.  A corporation is a creature of law having certain powers and duties of a natural person .  Being created by law, it may continue for an length of time the law prescribes.

Agreement written into deeds and other instruments promising performance or non-performance of certain acts or stipulating certain uses or non-use of the property.

A passageway with one outlet; a blind alley.

A listing of the amounts by which the principal sum of an obligation is to be reduced by partial payments and of the dates when each payment will become payable.