Level area of high land varying in size from a mesa to a large plateau

Long-term permanent financing

The acquisition of private property for public use by state, federal, or municipal governments. The concept of taking originates in the takings clause of the Fifth Amendment to the U.S. Constitution, which states that when property is taken through the government or court actions of eminent domain and condemnation, the owner must receive just compensation.

A phrase in the Fifth Amendment to the United States Constitution, which states in part, "...nor shall private property be taken for public use, without just compensation".

1. Real or personal property that is visible and has physical form, as opposed to incorporeal property such as rights or patents.
Also known as corporeal property. 2. Real property consisting of land, improvements to the land (tenements), and physical appurtenances such as sidewalks.

A general statutory lien imposed against real property for failure to pay taxes. There are federal tax liens and state tax liens.

A phrase often used to describe some of the tax advantages of real estate investment, such as deductions for depreciation, interest, taxes, etc., which may offset the investor's other ordinary income to reduce the investor's overall tax payment

A tenancy which exists when a tenant wrongfully holds over after the expiration of a lease, without the landlord's consent, as where the tenant fails to surrender possession after termination of the lease

A tenancy in which a person is in possession of real estate with the permission of the owner, for a term of unspecified or uncertain duration, as when an owner permits a tenant to occupy a property until it is sold

A form of property ownership reserved for a married couple, used in some states of the Unites States. The husband and wife together are viewed as one legal person, with each possessing an equal, undivided interest in the entire property. Generally, property owned in this manner cannot be divided without the consent of both spouses, and neither spouse can sell or transfer a portion of the property interest - it is "all or nothing" under this system of common law, which is why the term entirety is used. Upon the death of one spouse, the other takes sole ownership and possession of the real property. Tenancy by the entirety is not allowed in all states, and is never used in community property states.

A less-than-freehold estate in which the property is leased for a definite, fixed period of time, be it for 60 days or any fraction of a year, a year, ten years, etc.

A form of concurrent ownership of property between two or more persons, in which each has an undivided interest in the whole property; frequently found when the parties acquire title by descent or by will

Ownership of property vested in one person alone, and not held jointly with another; also called Several Tenancy or Sole Tenancy

In general, one who holds or possesses property, such as a life tenant or a tenant for years; commonly used to refer to a lessee under a lease

Financial incentives offered by landlords to prospective tenants to pay for or partially defray the costs associated with structural changes necessary for occupancy.

Interior structural changes made to a commercial or residential building prior to tenant occupancy. The nature and extent of such changes are varied and depend on the needs and desires of the future tenant. The tenant may take possession of a grey shell, vanilla shell, or completely improved interior space depending on these needs and desires. Responsibility for design of, installation of, and payment for tenant improvements is negotiated at the time of the lease agreement.
The landlord may furnish all or part of the tenant improvements, or may offer a financial incentive in the form of a tenant improvement allowance (TIA), usually on a per square foot basis. Landlord-provided tenant improvements can be either "under-ceiling" or "slab-to-slab".
Examples of tenant improvements may include HVAC systems, plumbing and wiring, partitions and interior walls, flooring, ceiling tiles, lighting, signs, shelving and storage, restroom fixtures, fire protection, and security systems.

Lesser royalty (earls, barons, dukes, lords, etc.) who held title to feudal land directly from the king or other sovereign. Tenants in chief were required to provide military service to the king in the form of knights or soldiers in return for the right to own land.

Small Turkish island (approximately 15 square miles) in the Aegean Sea off the coast of Turkey. Also known by its Turkish name Bozcaada.

1. A buildings, structure, or other improvement to land.
2. Land, buildings, offices, franchises, etc. owned by another and held in tenure (leased).
3. A rooming house; a set of rooms divided from the remainder of a building and leased as a separate dwelling (a flat or apartment).
4. A parcel of real property, either with or without improvements, as in the dominant and servient tenements of an easement.

"The rules of the auction and all aspects of the Purchase & Sale Agreement that are made available to potential bidders prior to an auction.

Level and rather narrow area of land with one steep edge bordering a river, a lake, or the sea, often one of a series arranged one above another as steps on a slope

A state or condition characterized by a valid, legal will.

A person who has prepared a valid, legal will. This term applies to either gender.

A woman who has prepared a valid, legal will.

Alternate rise and fall, about twice a day, on the water level of a lake or ocean, caused by gravitational pull of the moon on the earth