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Successors
Successors Those who succeed to or to whom the corporation's rights in the property are transferred.
RELATED TERMS--------------------------------------
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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Substitution
An appraisal principle that states that the maximum value of a property tends to be set by the cost of purchasing an equally desirable and valuable substitute property, assuming that no costly delay is encountered in making the substitution.
Substitution of entitlement
Replaces one eligible veteran with another on an existing Veterans Administration loan.
Subsurface rights
Ownership rights in a parcel of real estate to the water, minerals, gas, oil and so forth that lie beneath the surface of the property.
Subterfuge
A clever trick or strategy used to evade a rule, escape a consequence, hide something, etc.
Subterranean termites
A type of termite that nests underground.
Successors
Suit for possession
A court suit initiated by a landlord to evict a tenant from leased premises after the tenant has breached one of the terms of the lease or has held possession of the property after the lease's expiration.
Suit for specific performance
If a seller breaches a real estate contract, the buyer may sue for specific performance. The buyer asks the court to force the seller to go through with the sale and convey the property as previously agreed.
Suit to quiet title
A court action intended to establish or settle the title to a particular property, especially when there is a cloud on the title.
Sump
A reservoir that collects and holds water or some other liquid, which is subsequently disposed of by using a pump.
Sump pump
A pump that moves water from a basement sump pit.
This dictionary contains 6433 terms. |
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