Principles Exam III Keyword List

 

trust deed

"liquidated damages"

"puffery"

abstract

abstract of title

acceleration clause

adverse possession

assigned lease

assumes the loan

base line

binder

binder contract

calculation of property tax

closing statement

closing statement proration

condemnation

consideration

contract for sale

corporate form of real estate ownership

deed

deed restrictions

determinable fee estate

dower

due-on-sale

Easement appurtenant

Easement by necessity

Easement by prescription

Easement in gross

Eminent domain

Equity trusts

escalation clause

escheat

escrow

estate for years

estate pour autre vie

estoppel

estoppel letter

executed contract

expressed contract

Externalities

Federal Housing Administration

Fee upon condition precedent

fraud

future estate

Government Rectangular Survey System

how many square feet

implied contract

Lease contracts

letter of intent

lien theory

limited-partnership

Listing contracts

mills

misrepresentation

mistake

mortgage

Mortgage contracts

mortgagee's policy

mortgagor's policy

Mutual agreement

non-recourse clause

nonfreehold estate

note

offer and acceptance

option

option contract

periodic lease notice requirements

periodic tenancy

Possibility of a reverter

prescription

principal meridian

range

REIT

release of mortgage

remainder

Remainderman

requirements for a valid contract

requirements of a lease

restrictive covenants

reversion

Reversionary

rezoning

right of first refusal

Right of re-entry

Sales contracts

sandwich lease

satisfaction of mortgage

setback line

special exception

subdivision plat

subject to the loan

subordination clause

syndication

tenancy at sufferance

tenancy at will

tenancy by entirety

tenancy for years

tenancy in common

tenancy in severalty

tests of a residential fixture

title insurance

title theory

township

Trade fixtures

unilateral contracts

variance

vertical support obligation

zoning ordinance