term1 Definition1term2 Definition2term3 Definition3
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adverse possession
A method of acquiring title to real property by a person other than the owner of record through open possession of the property for a five year statutory period and payment of property taxes.
appurtenance
A right belonging to a property, affect title to other property; all those rights, privileges, and improvements which belong to and pass with the transfer of property, but which are not a part of the property. _____ to real property pass with the real property to which they are appurtenant, unless a contrary intention is manifested. Typical _____ are rights-of-way, easements, water rights, and use of improvements located on other property.
easement
A right held by one property owner to use the land of another for a specific purpose, such as ingress and egress to the owner's property.
eminent domain
The right of government to take private property for public use. The government on the taking pays the owner the fair market value of the property.
encroachment
An improvement on one parcel of real estate which extends onto real estate belonging to another person.
encumbrance
Any claim or lien on a parcel of real estate, such as trust deeds, CC&Rs, easements, taxes or assessments.
escheat
The reverting of property to the State when heirs capable of inheriting are lacking.
estate
The interests a person may hold in real property, as defined by statute.
hypothecate
To pledge a thing as security without the necessity of giving up possession of it. To mortgage a property.
ingress and egress
Access to a property by its owner directly from publicly dedicated streets or by using their right to traverse a portion of another's land using an easement.
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