A system of property ownership based on the theory that each spouse has an equal
interest in the property acquired by the efforts of either spouse during marriage. This
system stemmed from Germanic tribes and, through Spain, coming to the Spanish
colonies of North and South America (system was unknown under English Common
Law)
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Community Property
The illegal practice of inducing homeowners to panic sell their properties by making
representations regarding the entry or prospective entry of minority persons into the
neighborhood
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, Blockbusting
The transfer in writing of interest in a bond, mortgage, lease or another instrument.
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Assignment
The financial interest or value minus the sum of all mortgage debt that an owner has in
his/her property
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Equity
ownership for the duration of someone's life. The owner is called the life tenant. it may
also be based on the life of another and this is called a life estate pur autre vie. At the
end of the life estate, the property ownership goes back to the original grantor, who
has held a reversionary interest, or to a third party who is called a remainderman. The
remainderman gets a fee simple interest in the property.
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life estate
,$250,000 until the license or certificate holder has reimbursed the trust account for all
amounts paid.
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Payments from the trust account for claims based on judgments against a
single license or certificate holder may not exceed a total of
Substituting a new obligation for an old one or substituting new parties to an existing
obligation; when the parties to an agreement accept a new debtor in place of an old
one
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Novation
An entity created for the benefit of another; an arrangement whereby title to property
is conveyed by a Trustor (or Grantor) to a person named as a Trustee, who manages it
for another person named as the Beneficiary
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Trusts
The purpose of The International Council of Shopping Centers (ICSC) is to advance
the shopping center industry and to promote its role in the commercial distribution of
consumer goods and services.
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International Council of Shopping Centers
A rural homestead is limited to 200 acres for a family unit and is limited to 100 acres
for an individual. An urban homestead is limited to ten acres of land and the
improvements on it. Homestead protection is limited to one property per person or
family.
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Homestead Laws
Merger, Release, Abandonment, Death
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Easements May Be Terminated By:
is considered to be the best type of ownership, as it places the least number of
limitations on the owner.
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Fee Simple Absolute
interest in the property acquired by the efforts of either spouse during marriage. This
system stemmed from Germanic tribes and, through Spain, coming to the Spanish
colonies of North and South America (system was unknown under English Common
Law)
Give this one a try later!
Community Property
The illegal practice of inducing homeowners to panic sell their properties by making
representations regarding the entry or prospective entry of minority persons into the
neighborhood
Give this one a try later!
, Blockbusting
The transfer in writing of interest in a bond, mortgage, lease or another instrument.
Give this one a try later!
Assignment
The financial interest or value minus the sum of all mortgage debt that an owner has in
his/her property
Give this one a try later!
Equity
ownership for the duration of someone's life. The owner is called the life tenant. it may
also be based on the life of another and this is called a life estate pur autre vie. At the
end of the life estate, the property ownership goes back to the original grantor, who
has held a reversionary interest, or to a third party who is called a remainderman. The
remainderman gets a fee simple interest in the property.
Give this one a try later!
life estate
,$250,000 until the license or certificate holder has reimbursed the trust account for all
amounts paid.
Give this one a try later!
Payments from the trust account for claims based on judgments against a
single license or certificate holder may not exceed a total of
Substituting a new obligation for an old one or substituting new parties to an existing
obligation; when the parties to an agreement accept a new debtor in place of an old
one
Give this one a try later!
Novation
An entity created for the benefit of another; an arrangement whereby title to property
is conveyed by a Trustor (or Grantor) to a person named as a Trustee, who manages it
for another person named as the Beneficiary
Give this one a try later!
Trusts
The purpose of The International Council of Shopping Centers (ICSC) is to advance
the shopping center industry and to promote its role in the commercial distribution of
consumer goods and services.
, Give this one a try later!
International Council of Shopping Centers
A rural homestead is limited to 200 acres for a family unit and is limited to 100 acres
for an individual. An urban homestead is limited to ten acres of land and the
improvements on it. Homestead protection is limited to one property per person or
family.
Give this one a try later!
Homestead Laws
Merger, Release, Abandonment, Death
Give this one a try later!
Easements May Be Terminated By:
is considered to be the best type of ownership, as it places the least number of
limitations on the owner.
Give this one a try later!
Fee Simple Absolute
