An obligation restricting the use of land which is binding on subsequent owners, for example not allowed to keep animals on the premises, or a house builder may put a covenant on a property forbidding extension without his approval.
The Royal Institution of Chartered Surveyors. (UK)
Immovable property such as land, buildings or an object that, though at one time a chattel, has become permanently affixed to land or a building.
Concerned with the management of agricultural land, including forestry. Work includes the valuation, sale and management of rural property.
Repayment of a mortgage, so the equitable estate of the lender and the legal estate of the borrower merge in the mortgagor.Real property: Immovable property such as land, buildings or an object that, though at one time a chattel, has become permanently affixed to land or a building.
Money or other consideration paid by a tenant to a landlord in exchange for the exclusive possession and use of land, buildings or part of a building. Under normal circumstances, rent is paid at regular agreed intervals, but it may be paid in kind or by the provision of services. A peppercorn rent is a nominal sum (perhaps a penny a year) as an acknowledgement of the tenancy.
The holding back of part of the mortgage until repairs or specified works to the property are
satisfactorily completed.
Abrogation or cancellation of a contract, putting the parties in the same position they would have been in, had there been no contract. Rescission can occur because of some defect in the formation of the contract (such as misrepresentation, duress or undue influence) or by agreement of the parties - for example where they reach a new agreement.
Future interest in property retained by a transferor or his heirs (for example, the interest left when the owner of a fee simple grants a life estate in the property).
Rights of owners of land on a river bank. Riparian rights include the right of access to, and use of, the water for domestic purposes (bathing, cleaning and navigating). The owner of the rights may take action to prevent damming, diversion or pollution of the water.