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Run with the land
Run with the land A phrase describing rights or covenants that bind or benefit successive owners of a property.
RELATED TERMS--------------------------------------
Covenants
Agreements written into deeds and other instruments stating performance or non-performance of certain acts or noting certain uses or non-uses of property.
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.
SIMILAR TERMS--------------------------------------
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Routine maintenance
Includes such day-to-day duties as cleaning common areas, performing minor carpentry and plumbing adjustments and providing regularly scheduled upkeep of heating, air-conditioning and landscaping.
RREI
Residential Real Estate Inspector (RREI) or Commercial Real Estate Inspector (CREI) both are members of the Foundation of Real Estate Appraisers (FREA).
Rule of thumb
A common or ubiquitous benchmark.
Rules and regulations
Real estate licensing authority orders that govern licensees' activities; they usually have the same force and effect as statutory law.
Rumford Act
California's fair housing law.
Run with the land
Rural Housing Service
A U.S. Department of Agriculture program that provides financing to farmers and certain borrowers to purchase rural property when other funds are not available.
R-value
A term used to describe the effectiveness of various kinds of insulation to indicate their resistance to heat flow.
Ratified
Ratifiedmeans approved and given formal sanction to; confirmed.
Reinsurance
Reinsuranceis the contract to transfer all or a portion of the insurer's (ceding insurance company's) risk, assumed on behalf of its insureds, to another insurer/reinsurer.
This dictionary contains 6433 terms. |
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