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Easement
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A property interest which one person has in land owned by another entitling the holder of the interest to limited use or enjoyment of the other's land.
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Easement In Gross
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The limited right of one person to use another's land (servient estate), which right is not created for the benefit of any land owned by the owner of the easement; that is, there is no dominant estate, as the easement attaches personally to the owner, not to the land.
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Emblements
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Growing crops (called "fructus industriales"), such as rice and taro, which are produced annually through labor and industry.
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Eminent Domain
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The right of government, both state and federal, to take private property for a necessary public use, with just compensation paid to the owner. |
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Encroachment
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An unauthorized invasion or intrusion of a fixture or other real property wholly or partly upon another's property, thus reducing the size and value of the invaded property. |
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Encumbrance
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An unauthorized invasion or intrusion of a fixture or other real property wholly or partly upon another's property, thus reducing the size and value of the invaded property. |
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Entirety, Tenancy By
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A form of joint ownership of property between husband and wife with the right of survivorship. |
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Environmental Impact Statement
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A report which includes a detailed description of a proposed development project with emphasis on the existing environment setting, viewed from both a local and regional perspective, and a discussion of the probable impact of the project on the environment during all phases. |
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Equity
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That interest or value remaining in property after payment of all liens or other charges on the property. A owner's equity is normally the monetary interest over and above the mortgage indebtedness. |
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Errors And Omissions Insurance
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A form of insurance which covers liabilities for errors, mistakes and negligence in the usual listing and selling activities of a real estate office or escrow company. |
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Escheat
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The reversion of property to the state when a decedent dies intestate and there are no heirs capable of inheriting, or when the property is abandoned. |
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Escrow
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The process by which money and/or documents are held by a disinterested third person (a "stakeholder") until the satisfaction of the terms and conditions of the escrow instructions (as prepared by the parties to the escrow). |
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Estoppel
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A legal doctrine by which a person is prevented from asserting rights or facts which are inconsistent with a previous position or representation he had made by his act, conduct or silence. |
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Ethics
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A system of moral principles, rules and standards of conduct. |
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Eviction
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legal process of removing a tenant from possession of the premises for some breach of the lease contract. |
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Exchange
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A transaction in which all or part of the consideration for the purchase of real property is the transfer of property of a like kind. |
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Exclusive Agency
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A written listing agreement giving one agent the right to sell property for a specified time, but reserving to the owner the right to sell the property himself without payment of any commission. |
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Exclusive Listing
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A written listing of real property in which the seller agrees to appoint only one broker to sell the property for a specified period of time. The two types of exclusive listings are the exclusive agency and the exclusive right to sell. |
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Executive
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The act of making a document legally valid, such as formalizing a contract by signing, or acknowledging and delivering a deed.
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Executor
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A person appointed by a testator to carry out the directions and requests in the last will and testament, and to dispose of property according to the provisions of the will. |
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Executory Contract
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A contract in which one or both of the parties has not yet performed. |
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Extender Clause
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A "carry over" clause (referred to as a safety clause) contained in a listing which provides that a broker is still entitled to a commission for a set of period of time after the listing has expired if the property is sold to a former prospect of the broker. |
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Extension
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An agreement to continue the period of performance beyond the specified period. |
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Easement
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A property interest which one person has in land owned by another entitling the holder of the interest to limited use or enjoyment of the other's land. |
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Easement In Gross
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The limited right of one person to use another's land (servient estate), which right is not created for the benefit of any land owned by the owner of the easement; that is, there is no dominant estate, as the easement attaches personally to the owner, not to the land.
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Emblements
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Growing crops (called "fructus industriales"),such as rice and taro, which are produced annually through labor and industry.
|
|
Eminent Domain
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The right of government, both state and federal, to take private property for a necessary public use, with just compensation paid to the owner. |
|
Encroachment
|
An unauthorized invasion or intrusion of a fixture or other real property wholly or partly upon another's property, thus reducing the size and value of the invaded property. |
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Encumbrance
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An unauthorized invasion or intrusion of a fixture or other real property wholly or partly upon another's property, thus reducing the size and value of the invaded property. |
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Entirety, Tenancy By
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A form of joint ownership of property between husband and wife with the right of survivorship. |
|
Environmental Impact Statement
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A report which includes a detailed description of a proposed development project with emphasis on the existing environment setting, viewed from both a local and regional perspective, and a discussion of the probable impact of the project on the environment during all phases. |
|
Equity
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That interest or value remaining in property after payment of all liens or other charges on the property. A owner's equity is normally the monetary interest over and above the mortgage indebtedness. |
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Errors And Omissions Insurance
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A form of insurance which covers liabilities for errors, mistakes and negligence in the usual listing and selling activities of a real estate office or escrow company. |
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Escheat
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The reversion of property to the state when a decedent dies intestate and there are no heirs capable of inheriting, or when the property is abandoned. |
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Escrow
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The process by which money and/or documents are held by a disinterested third person (a "stakeholder") until the satisfaction of the terms and conditions of the escrow instructions (as prepared by the parties to the escrow). |
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Estoppel
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A legal doctrine by which a person is prevented from asserting rights or facts which are inconsistent with a previous position or representation he had made by his act, conduct or silence. |
