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Real estate

Of or pertaining to property of land and the buildings on it. This also includes any minerals, crops, or any other natural resource. The business of real estate is the buying, selling, or renting property.

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Real estate > Contracts

notice to quit
Law; Contracts

A notification or communication to a tenant to leave specified premises usually for a breach of terms of the lease.

occupancy
Law; Contracts

Holding, possessing, or occupying premises.

partition
Law; Contracts

The division into parts of property held jointly, or the sale of such property by a court with division of the proceeds.

party wall
Law; Contracts

A wall that divides two separate premises, which is the joint responsibility of both owners.

premises
Law; Contracts

A building or part of a building usually including the adjacent grounds.

quit
Law; Contracts

For a tenant to move out of rented premises.

repossess
Law; Contracts

To take possession again of a property or goods after non-payment of money owed. This might follow a court order.

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