Unit 10

The legal process of transferring property from one owner to another. It involves the drafting of a contract and registration with the appropriate authority. (Unit 10)

A type of property tenure where a tenant has the right to use the property for a specified term under a lease agreement with the landlord. (Unit 10)

Movable items that are not attached to the land. It can be tangible objects like furniture or intangible items like stocks. (Unit 10)

Methods used to fund the purchase or development of property, often involving loans or investments. (Unit 10)

The person who receives property rights from a grantor. (Unit 10)

A type of real property where ownership is for an indefinite period. The owner can use the land as they wish and can pass it on to heirs. (Unit 10)

Permission to use land or property without granting exclusive possession. It is not a lease and does not create an interest in the land. (Unit 10)

The person who transfers an interest in property to another, often through a deed or lease. (Unit 10)

The owner of a property who rents it out to a tenant. (Unit 10)

A legal agreement where a person borrows money to buy property and the lender holds the property as security until the loan is repaid. (Unit 10)

The right of a tenant to occupy a property without interference, as granted by a lease. (Unit 10)

A legal right to use and benefit from someone else's property without owning it. (Unit 10)

An individual or entity that occupies land or property rented from a landlord. (Unit 10)

A legal agreement where a landlord allows a tenant to use a property for a specified period in exchange for rent. (Unit 10)

Land and anything permanently attached to it, such as buildings. It is immovable and includes freehold estates and leaseholds. (Unit 10)

A legal requirement that certain contracts, including those for the sale of land, must be in writing to be enforceable. (Unit 10)

A legal right to use another person's land for a specific purpose, such as a right of way. (Unit 10)

A legal document that outlines the terms and conditions of the sale of property. It includes details like price, parties involved, and property description. (Unit 10)