Great mass of ice broken from a glacier and floating in the sea, found in most northerly and southerly areas of the world's oceans

A legal doctrine imposing on the landlord a duty to make the leased premises acceptable to live in and ready for occupancy and to continue to maintain them in a state of repair throughout the entire term of the lease.

Definition: A trust account maintained by a lender (mortgagee or beneficiary of a deed of trust) containing money collected from a borrower (mortgagor or trustor of a deed of trust), the purpose of which is to pay for recurring expenses such as homeowner's insurance, private mortgage insurance, and property taxes.

Terms, Definitions, and Concepts: Finance and Investment, Legal (Law), Management, Real Estate, Taxes and Taxation, Title and Title Insurance

Definition: A body of water, such as a pond, lake, tank, or reservoir, that is confined within a human-built enclosure; the structure that creates such a body of water.

Terms, Definitions, and Concepts: Agriculture, Conservation and Sustainability, Construction and Building, Ecology, Forestry and Silviculture, Geography, Hydrology, Management, Water

Real property whose value has been enhanced by the addition of on-site and off-site improvements such as roads, sewers, utilities, buildings, etc.; as distinguished from raw land

Valuable additions made to property, amounting to more than repairs, costing labor and capital and intended to enhance the value of the property. Improvements of land would include grading, sidewalks, sewers, streets, utilities, etc. Improvements on land would include buildings, fences, and the like.

Interest implied by the federal tax law

Definition: "In its present condition" describes property offered for sale in its current state, with no warranties or promises made as to its value or suitability for a specific use. Buyers must take care to practice due diligence when purchasing property offered "In its present condition".
Sometimes referred to as "As is, where is" or simply "As is".

Terms, Definitions, and Concepts: Appraisal, Auction, Legal (Law), Management, Real Estate

A piece of private ground surrounded by the National Forest. These usually started as mining claims.

A right that cannot be transferred, taken away, or altered by any operation of law.

Zoning regulations meant to encourage or mandate certain uses within buildings, neighborhoods, or developments. For example, retail shops and restaurants might be required to occupy the ground floor of an office or residential apartment building.

A unit of length used in the English system of measurement, equal to 1/12 (0.0833) of one (1) foot, or 2.54 centimeters (cm). For more inch conversion factors, equivalents, and examples, see Inch (in) conversions and equivalents and the various Converting inches to... examples.

An inch (in) is a unit of length used in the English system of measurement.
One (1) inch is equal to 0.0833 feet.
One (1) inch is equal to 2.54 centimeters (cm).
One (1) inch is equal to 0.1262 links.
One (1) inch is equal to 0.0278 yards.
One (1) inch is equal to 0.0051 rods, poles, or perches.
One (1) inch is equal to 0.0013 chains.
One (1) inch is equal to 0.00013 furlongs.
One (1) inch is equal to 0.00002 miles.
One (1) inch is equal to 0.0254 meter (m).
One (1) inch is equal to 0.00003 kilometers (km).
For conversion examples, see the various Converting inches to... entries.

The revenue (monetary or non-monetary receipts) earned by a company, individual, corporation, etc. in return for labor, services, goods, investments, property, or operations.

An approach to the valuation or appraisal of real property as determined by the amount of net income the property will produce over its remaining economic life

Property purchased primarily for the income to be derived plus certain tax benefits, such as accelerated depreciation. Income property can be commercial, industrial or residential

Real or personal property that exists in concept rather than having physical form; usually incorporeal property is represented by physical muniments that document ownership.
Examples of incorporeal property include rights, relationships (e.g., community property), patents, easements, estates, royalties, and appurtenances.
Same as Intangible property.

Intangible, abstract, or non-possessory rights in real property such as easements, licenses, profits, estates, community property, and the like.
Same as Incorporeal property or Intangible property.

That which cannot be voided, altered, challenged, undone, cancelled, defeated, or annulled.

A right or interest in real property that cannot be voided, altered, challenged, undone, cancelled, defeated, or annulled. Same as "Indefeasible title".

1. A right or interest in real property that cannot be voided, altered, challenged, undone, cancelled, defeated, or annulled. Same as "Indefeasible estate".
2. Title to real property, the validity of which is guaranteed by the state under the Torrens system of land registration.

One who is retained to perform a certain act, but who is subject to the control and direction of another only as to the end result and not as how he performs the act. The critical feature, and what distinguishes an independent contractor and an employee or agent, is the right to control.

A scale comparing relative values with each other or a predetermined reference.

A measure of interest rate changes. Usually used to determine changes in an ARM’s (Adjustable Rate Mortgage) interest rate over the term of the loan.

An area zoned industrial and containing sites for many separate industries and developed and managed as a unit, usually with provisions for common services for the users.