Letter T Vocab Flashcards
This term is used to describe when one squatter uses someone ELSE’s PREVIOUS adverse possession time to INCLUDE their time for the adverse possession and ALSO claim ownership.
Tack On
This term is used to describe an individual’s personal property that CAN be seen, touched, held.
Tangible Property
This term is used to describe a way to use real estate properties as investments in a way that allows investors to receive the MAX tax benefits. This is a means for real estate investors and property owners to STORE assets so that their current and future tax rates are MINIMIZED to the fullest. They vary in terms of real estate investments OR investment accounts TO transactions that lower the income tax rate.
Tax Shelter
This term is used to describe the government’s right to impose or LEVY taxes on real and personal property to provide services for the benefit of the PEOPLE in the community.
Taxation
This term is used to describe that by paying UPFRONT fees to a lender a BORROWER can receive a REDUCED interest rate for a SET amount of time.
Temporary Buydown Points
This term is used to describe OWNERSHIP of real property with TWO or more owners who are NOT married.
Tenancy in Common
This individual is appointed by the Governor to LEAD the Arizona Department of Real Estate [ADRE].
The Real Estate Commissioner
This term is used to describes the starting From the FIXED POINT of BEGINNING, parallel lines running east to west are drawn from the BASELINE, while parallel lines running north to south are drawn from the Principal MERIDIAN. These lines are called _________ (townships) and range lines, that measure approximately 6 miles each.
Tiers
What does the acronym T.I.L.A. mean?
Truth in Lending Act
This term is used to describe an addition or limitation of coverage that is attached to a title insurance policy. This modifies an existing title insurance policy. Title endorsements are usually used to expand the title policy, giving you or your lender additional coverage. If you know the property may have a title issue, a title endorsement can give you extra peace of mind.
Title Endorsement [or Title Policy Endorsement]
This term is used to describe the act that prohibited the discrimination against certain protected classes
Title VIII (8) of the Civil Rights Act of 1968
This term is used to describe the right of ownership of property and evidence of such rights.
Title
This term is used to describe East-West lines
Township Lines
This term is used to describe the point where each 6-mile-wide range and tier intersect
Township Square
This term is used to describe a large piece of land identified in a survey
Tract
