Expenses, maintenance

Expenses, maintenance Cost of cleaning, supplies, utilities, tenant services, and other administrative costs for properties that produce income...

Expenses, fixed

Expenses, fixed Recurring property expenses such as real estate taxes or hazard insurance...

Exemption:

Exemption: Provision by which a law or a rule is not applicable to a certain group or person...

Executed contract

Executed contract Contract for which all terms and conditions have been completed, making it legally enforceable...

Executor

Executor Person named in a will to carry out the provisions of the will; also called a personal representative. Person selected in a will to carry...

Execute

Execute (a) Signing an instrument and taking other steps that may be necessary for validation. (b) To perform or complete...

Exculpatory clause

Exculpatory clause Provision in a mortgage relieving the borrower of personal liability on the loan (for certain defaults or problems) if the borrower...

Exclusive agency listing

Exclusive agency listing Employment contract providing one broker the right to sell property for a definite period, while also enabling owner to sell...

Excess land

Excess land Part of a parcel of land that does not add to the value of the property...

Eviction, Constructive

Eviction, Constructive Act of the landlord that interferes with the tenant's quiet enjoyment of the property to such an extent that the tenant is...

Eviction, Actual

Eviction, Actual Forcing someone physically from a property or preventing them from re-entering the real property or using lawful procedure to make...

Eviction

Eviction Dispossession through the process of law...

Et ux

Et ux Abbreviation for the Latin phrase "et uxor" which means "and wife....

Estoppel certificate

Estoppel certificate Document that prevents a person who signs it from later asserting facts different from mentioned in the document; also called...

Estoppel

Estoppel Legal principle that restricts a party from negating or asserting a certain fact owing to that party's previous actions or statements...

Estate for years

Estate for years Interest in real property that permits possession for certain, set time period...

Estate of inheritance

Estate of inheritance Estate that may be passed on to the heirs of the holder, as in a fee simple...

Estate at will

Estate at will Occupancy of real estate by a tenant for an indefinite period, which either party can terminated at wil...

Estate at sufferance

Estate at sufferance Unlawful occupation of a property by a tenant after their lease has terminated...

Estate

Estate Interest held by the property owners, it may be a freehold or a leasehold property...

Escrow instructions

Escrow instructions Directions that a party to a transaction gives to an escrow agent specifying the terms under which the escrow is to be conduc...

Escrow agent

Escrow agent Neutral third party entrusted by a seller and purchaser to hold a something of value pending the fulfillment of conditions needed to...

Escrow

Escrow Agreement that a neutral third party will hold something of value (money or a deed) until the provisions of a transaction or a contract may...

Escheat

Escheat Reverting of a property to the state in case there are no capable heirs found...

Escalation clause

Escalation clause Provision in a lease agreement that allows an increase in payments on the basis of an increase in an index, such as the consumer...

Erosion

Erosion Process where the surface of the land wears away by the actions of water or wind...

Equity

Equity Difference between the current market value of the property and the liens against the property...

Equitable right of redemption

Equitable right of redemption Real estate owner's right to take back property after default but before foreclosure, by paying all debt, costs and...

Equitable remedy

Equitable remedy Judgment granted by a civil lawsuit to a complainant that is not an award of money/damages which could be an injunction, rescission,...

Equal Credit Opportunity Act

Equal Credit Opportunity Act Federal law prohibiting lenders from discriminating against loan applicants on the basis of race, color, religion, national...

EPA

EPA Environmental Protection Agency ...

Entitlement

Entitlement In terms of a VA loan, it is the amount of the borrower's guaranty...

Encumbrance

Encumbrance Non-possessory interest in real property, such as a mortgage (loan), a lien (voluntary or involuntary), an easement, or a restrictive...

Encumber

Encumber Placing a lien or encumbrance against the title to a property...

Encroachment

Encroachment Unlawful intrusion onto neighborhood property, often due to a mistake regarding boundary location...

Eminent domain

Eminent domain Right of the government to take title to real property for public use by condemnation. The property owner receives just compensation...

Ejectment

Ejectment Legal action through which possession of real property is recovered from someone who has illegally taken possession of it; also called an...

Effective age

Effective age Age of a structure as its condition indicates and the remainder of its usefulness (as opposed to its actual age). Effective age of a...

Economic life

Economic life Time period when an improved property yields a return on investment apart from the rent due to the land itself; also called the useful...

Easement in gross

Easement in gross Easement benefitting a person rather than a piece of land. There is a dominant tenant, without a dominant tenement...

Easement by necessity

Easement by necessity Such an easement is most commonly implied in favor of grantees that do not have any access to their land except over the land...

Easement by implication

Easement by implication Easement that is created by law so as to provide access to a landlocked parcel of land...

Easement by express reservation

Easement by express reservation When an easement is created in a deed by which the property is divided by the landowner, the servant tenement is transferred...

Easement by express grant

Easement by express grant Easement that is voluntarily created in a deed, will, or other written instrument...

Easement, Appurtenant

Easement, Appurtenant An appurtenant easement is a right to use an adjoining property. The one benefitting from the easement is the dominant tene...

Easement, Access

Easement, Access An easement that allows the holder of the easement to reach (and leave) his property (which is the dominant tenement) by passing...

Easement

Easement Right given to another person or entity to trespass upon property that is not owned by that person or entity...

Earnest money

Earnest money Deposit made by a real estate buyer demonstrating her good faith...

Fibrillation means that:

Fibrillation means that: a. the heart beat is dangerously irregular b. the heart is beating too fast c. the heart has stopped beating d. the heart...

The pulmonary artery:

The pulmonary artery:  a. carries blood away from the heart b. carries blood away from the lungs c. carries blood to the body d. carries to the...