Acquisition of property by its joining or union with other property.
The rights vested by a grant of an estate in real property to all or any portion of space above the ground.
That which has been added to a property, which becomes an inherent part of the property, and will pass with it when conveyed.
A written instrument which passes title of personal property from seller to buyer.
Bill of Sale
Personal Property which is tangible and movable.
Gradual additions to land by deposits of sand or soil by bordering waters through natural causes.
That increase of soil on a shore or band of a river result of accretion.
The sudden removal of land of one owner and depositing it on the land of another when a stream changes its channel.
Ownership concept in real estate, which embraces the rights of possession, use, enjoyment and disposition.
Bundle of rights
A personal property mortgage.
The process by which property of a private owner is taken for public use, with just compensation to the owner, under the right of eminent domain.
Qualified fees that are subject to defeat. This can occur under Qualified fee estates which is part of the category, Freehold estates.
The right of a government to take private property for public use upon the payment of just compensation.
The reverting of property to the state when heirs capable of inheriting are lacking, or the property is abandoned.
An article of personal property which has been installed in or attached to land or a building thereon, in such a manner that it is now considered to be a party of the real estate.
A life estate created by grant, by reservation or by will.
Conventional Life Estate
Trees or crops that are cultivated annually; the rights of a tenant to harvest the annual crop even after his tenancy has ended.
The gradual wearing away of land due to natural causes of wind and water.
An estate in real property, by which the owner has the greatest power over the title which it is possible to have, being an absolute estate; an estate of inheritance belonging to the owner, that he may dispose of, trade or will as he chooses.
An estate in real property for an indefinite and uncertain time. Ex. A fee simple or a life estate.
Beneficial attachments to raw land that increase its value or improve its usefulness.
An estate or right in real property that involves possession but not ownership.
A lease; a leasehold estate. Also called non-freehold.
The holder or grantee of a life estate.
Through an agreement called a lease, a tenant is entitled to use the property for a period of time, but without ownership of the property. AKA leasehold estates.
The surface of the earth, the area above and below the surface, and everything permanently attached thereto.
A life estate created by law such as a dower or curtesy.
Legal Life Estate
An estate or interest in real property held for the duration of the life of a certain person. Upon the expiration of that life, the estate will automatically be vested in a remainderman or reversioner.
Those bodies of water which are capable of being used for public transportation.
Any property not real property; personalty.
The inherent right of a government to enact such legislation as may be deemed necessary to protect and promote the health, safety and general welfare of the public.
The physical land at, below and above the earth's surface with all appurtenances, including structures.
An estate which is a future possessory interest in real property that takes effect upon the termination of a prior estate such as a life estate.
A right retained by a grantor when conveying title to a property.
The right of a landowner to the use of water on or adjacent to his land.
A estate in fee simple bound by limitations imposed by the grantor.
Gradual recession of water from the usual watermark.
The one in whom an estate vests after termination of a prior estate; a third party.
The residue of an estate left to the grantor or his heirs after termination of all prior estates and interests; the right of a lessor to recover possession of leased property upon the termination of the lease, with all subsequent rights to use and enjoy the property.
A legal document that pledges personal property as security for a debt; chattel mortage.
Articles of personal property annexed to real property, but which are necessary to the carrying on of a trade and are removable by the owner or tenant when he leaves.
Willful destruction of any part of the land which would injure or prejudice the landlord's or remainderman's reversionary right.