Attorn
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  Attorn



Attorn

   To agree to recognize a new owner of a property and to pay him-her rent.

RELATED TERMS
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Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.

Rent
Compensation from tenant to landlord for the use of real estate.



SIMILAR TERMS
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Attorney general
The chief law officer of the federal or state government, who appears for the people in criminal court.

Attorney's opinion of title
An abstract of title that an attorney has examined and has certified to be, in his or her opinion, an accurate statement of the facts concerning the property ownership.

Attorney-in-fact
A competent and disinterested person who is authorized by another person to act in his or her place.

Attorneys' fees
Attorneys to be paid by one or both parties in case of litigation.



PREVIOUS AND NEXT TERMS
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Assumption clause
A clause stipulating that the seller has passed on full responsibility for the mortgage on the property to the buyer. Often an assumption fee must be paid to the mortgage lender.

Assumption fee
A lender's charge for updating records when a buyer takes responsibility for a mortgage from the seller.

Assumption of mortgage
An obligation undertaken by the purchaser of property to be personally liable for payment of an existing mortgage.

Attached homes
A home that has one or more common walls adjoining another home.

Attachment
Seizure of property by court order, usually done in a pending law suit to make property available in case of judgment.

Attorn

Attorney general
The chief law officer of the federal or state government, who appears for the people in criminal court.

Attorney-in-fact
A competent and disinterested person who is authorized by another person to act in his or her place.

Attorneys' fees
Attorneys to be paid by one or both parties in case of litigation.

Attorney's opinion of title
An abstract of title that an attorney has examined and has certified to be, in his or her opinion, an accurate statement of the facts concerning the property ownership.

Attractive nuisance doctrine
An owner has a duty to reasonably protect children from injury when his or her property is likely to attract children.

This dictionary contains 6433 terms.
      












                    © Real Estate Dictionary 2005 - All rights reserved -

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