[A] [B] [C] [D] [E] [F] [G] [H] [I] [J] [K] [L] [M] [N] [O] [P] [Q] [R] [S] [T] [U] [V] [W] [X] [Y] [Z]
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Taxes |
A forced contribution of wealth to meet the public need for government. |
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Tax Sale |
A sale of property, usually at auction, for non-payment of taxes assessed against it. |
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Tenancy at Sufferance |
A tenancy which arises when a tenant holds over after the termination of a lease without consent. |
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Tenancy at Will |
A tenancy for an indefinite period which may be terminated at the will of either the lessee or the lessor. |
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Tenancy in Common |
Ownership by two or more persons who hold undivided interests without right of survivorship. |
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Tender |
An offer of money, usually in satisfaction of a claim or demand. |
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Time Is Of The Essence |
A clause in a contract contemplating performance by the date specified therein. |
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Title |
The rights of ownership. |
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Title Insurance |
Insurance written by a title company to protect the property owner against loss if title is imperfect. |
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Tort |
A wrongful act; wrong; injury; violation of a legal right. |
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Townhouse |
A single family attached dwelling unit with party walls; usually an individual unit in a series of five to ten houses, with common walls between the units and side yards on the end units only; may have one to three stories and all necessary facilities and amenities. |
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Trust Deed |
An instrument which transfers (conveys) the bare legal title of a property to a trustee to be held pending fulfillment of an obligation, usually the repayment of a loan to a beneficiary. |
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Trustee |
One who holds bare legal title to a property in trust for another to secure the performance of an obligation. |
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Trustee's Sale |
A sale at auction by a trustee under a deed of trust, pursuant to foreclosure proceedings. |
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Trustor |
The borrower of money secured by a trust deed. One who transfers his bare legal title to a trustee to be held as security until he has performed his obligation to a lender under terms of a note secured by a deed of trust. |
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