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Colibri Real Estate Law Vocabulary Predicted Questions And Correct Answers
Abstract of TitleA history of the ownership of a parcel of land which lists transfers of 
title, rights, and liabilities. 
AccessionThe idea that the owner of land is entitled to all that the soil produces or all 
that is added to the land either intentionally or by mistake. Trade fixtures not removed are 
"assessed" by the owner of the property. 
Ad ValoremA prefix meaning "based on value." Most local governments levy an ad 
valorem tax on property. 
Adverse PossessionA method of acquir...