Earnest Money Deposit
Down payment made by a purchaser of real estate as evidence of good faith; a
deposit or partial payment.
A right or interest in the use of the land of another which entitles the holder
to some use, privilege or benefit, such as to place pole lines, pipe lines
or roads thereon.
The right of a government to take privately owned property for public purposes
under condemnation proceedings upon payment of its reasonable value. See Condemnation.
The presence of an improvement such as a building, a wall, a fence or other
fixture which overlaps onto the property of an adjoining owner
The interest or value which an owner has
in real estate over and above the debts against it.