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Servient tenement
Servient tenement Land on which an easement exists in favor of an adjacent property (called a dominant tenement or estate); also called a servient estate.
RELATED TERMS--------------------------------------
Land
The earth's surface, extending downward to the center of the earth and upward infinitely into space, including things permanently attached by nature, such as trees and water.
Easement
A right-of-way created by grant, reservation, agreement, prescription or necessary implication which one has in land owned by another.
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.
Tenement
A common law real estate term that describes those real property rights of a permanent nature.
Estate
The ownership interest of a person in real property, also used to refer to a deceased person's property.
SIMILAR TERMS--------------------------------------
Servicer
An organization that acts on behalf of a trustee for the benefit of security holders.
Servicing
The collection of mortgage payments from borrowers and related responsibilities of a loan servicer.
Servicing agreement
Signed documentation as to who will service the loan.
PREVIOUS AND NEXT TERMS--------------------------------------
Septic system
A private sewerage system consisting of a tank, distribution box and leaching field.
Septic Tank
An Underground tank in which sewage from the house is reduced to liquid by bacterial action and drained off.
Servicer
An organization that acts on behalf of a trustee for the benefit of security holders.
Servicing
The collection of mortgage payments from borrowers and related responsibilities of a loan servicer.
Servicing agreement
Signed documentation as to who will service the loan.
Servient tenement
Set back ordinance
Regulates the distance from the lot line to the point where improvements may be constructed.
Set up sheet
Also know as an "Annual Property Cash Flow Statement." Includes cash flow information about a listed rental property that is passed out to other real estate companies and-or given to prospective buyers.
Setback
The distance from the front or interior property line to the point where a structure can be located.
Settlement
Another name for closing.
Settlement Cost, HUD Guide
This booklet gives an overview of the lending process and is required by HUD. It is provided to consumers after the loan application is completed.
This dictionary contains 6433 terms. |
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