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The act of transferring property to another. Examples of involuntary alienation would be eminent domain or adverse possession.

A lien place on property without the consent of the propery owner.

special form of ownership in real estate by two or more people created by satisfying four unities. The law requires four requirements to be met in order to create a joint tenancy or prevent it from being created inadvertently or by accident.

The four unities of joint tenancy are: Possession, Interest, Time, Title, often remembered by the acronym of PITT.

The formal decision of a court upon the respective rights and claims of the parties to an action or suit. After a judgment has been entered and recorded with the county recorder, it usually becomes a general lien on the property of the defendant.

states that it is illegal to send an unsolicited commercial fax message without express consent or without an established business relationship with the recipient.

the earth's surface, extending downward to the center of the earth and upward infinitely into space, including things permanently attached by nature, such as trees and water.

defines the rights and duties of the principal and the agent. It applies to a variety of business transactions. Contract law and real estate licensing law combine with the law of agency to interpret the relationship between licensees and their clients.

is a contract between the owner and the party who will occupy the real estate.

is the owner’s interest in rented or leased property. The owner gives up his right of possession in exchange for the income from rent and the return of the property at the end of the lease. The tenant acquires a leasehold interest.

Fee Simple = Leased Fee + Leasehold

is the is the tenant’s interest in real property. The tenant acquires the right of possession from the property owner in exchange for rent. Normally, the leasehold interest in rented property is worth nothing and the leased fee and fee simple are equal Fee Simple = Leased Fee + Leasehold