Saturday, May 18, 2024, 3:34 AM
Site: Burk Baker School of Real Estate & Appraising
Course: DEMO (DE101)
Glossary: Real Estate Glossary
T
TOPOGRAPHYThe nature of the surface of land. |
TORRENS SYSTEMSystem of title recordation and protection provided by the laws of some states. |
TORTA negligent or intentional wrong; a wrongful act; violation of a legal right. |
TOWNHOUSEA structure whose common elements may be shared by two or more unit occupants. |
TOWNSHIPA section of land established by government survey that is six miles long, six miles wide and containing 36 sections, each one mile square. |
TRADE FIXTUREArticles of personal property annexed to real property, but which are necessary to the carrying on of a trade and are removable by the owner or tenant when he leaves. |
TRANSACTTo conduct business affairs; to carry out, perform or manage. |
TRANSFER TAXThe tax required by a governmental agency when real property is transferred from one party to another. |
TRESPASSWrongful invasion of land by one having no lawful right to enter. |
TRUST DEEDA deed given by borrower to trustee to be held pending fulfillment of an obligation. |