Delay or negligence in asserting one's legal rights.

A contract ordinarily used in connection with the sale of property in cases where the seller does not wish to convey title until all or a certain part of the purchase price it paid by the buyer; often used when property is sold on a small downpayment.

A phrase used in the early English law to express all sorts of property of the immovable class.  Its present use may be said to express real estate with all fixed improvement thereon, if any.

A contract between an owner and a tenant, setting forth conditions upon which the tenant may occupy and use the property and the term of the occupancy.

A description by which property can be definitely located by reference to government surveys or approved recorded maps.

One who contract to rent property under a lease contract.

An owner who enters into a lease with a tenant.

The use of downpayment to secure an interest in an investment.  An example of high leverage be a P1,000.00 downpayment on a P100,000.00 property.  If the property goes up in price to P105,000 over a short period of time, the investor will make a 500 percent profit.  If the price drops to P99,000.00, the investor loses everything.  The higher the leverage, the higher the risk.

A form of money encumbrance which usually make property security for the payment of a debt or discharge of an obligation.  Example: judgments, taxes, mortgages, deeds of trust, etc..